It's my opinion that longs post on chat board to try to influence people into their way of thinking.
If I may, nobody here's trying to influence anyone into thinking anything.
What you have when a group of people own the same stock is quite akin to a car club (let's use BMWs, for example). I'm sure all around the country, every weekend, there's groups of BWM owners (many of which who own CSCO, I'm sure<g>) who get together and look under each others hoods, clean/wax their cars together, race around silly orange cones together (I was a quarter-miler in my youth, hence my sarcasm<g>),etc.
Many of us here are long CSCO. Your constant maligning of CSCO is the equivalent of showing up at one of those BMW gatherings and yelling, loud and repeatedly, "BMWs are poorly made and you all paid way too much for them!!!" Those BMW owners would likely take huge offense, and they'd most assuredly ask you to go about your business in not too polite a manner.
Doesn't it make sense that you catch grief here? How about using some industry knowledge to opine why CSCO will not prevail? How about forming an opinion based on the merits of CSCO's competition? Or maybe you have something to add about the future of networking and why you think CSCO will not be in the "sweet spot" of networking/telecommunications.
Overvaluation is indeed a factor in any investment decision. We know you feel CSCO is overvalued. Just stop implying we're fools for owning it, please.......
With all due respect and sincerity,
Paul |
