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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST
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To: RetiredNow who wrote (40316)10/3/2000 2:45:50 PM
From: GVTucker  Read Replies (1) of 77400
 
mindmeld, RE: I thought Cisco was going out of business. LOL. You would have thought so from the incredibly negative sentiment over the last 6 months.

Then you must not have been reading the negative posts too closely.

For the most part, people negative on CSCO are negative because the stock discounts a scenario that is not achievable. CSCO is executing very well. But the long term growth necessary to justify even the current lower stock price is an unrealistic goal.

Chambers could be 100% correct in his interview today and CSCO still could be at this same price a year from now.
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