Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: bambs who wrote (40750)	10/13/2000 10:24:22 AM
From: GVTucker	Read Replies (1) of 77399

bambs, RE: so what you are saying is that it doesn't matter to baby boomers today if the market goes down 50-70% from it's highs of the year because it will recover in and make new highs in 2030-50. (after they are dead) No, that's not what I'm saying. Where did I say that it didn't matter? Nowhere. As I have repeatedly said on this and other boards, most of the modern day Nifty 50 were priced for better than perfection back in March, and there was no logical reason to hold them then. IMO, CSCO will not exceed its high for at least 5 years, and that's even if they execute well. But there are also plenty of stocks that will perform fine, just like there were stocks that performed even in the 30's.

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