Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

+0.1%

Nov 7 9:30 AM EST

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To: chic_hearne who wrote (42475)	11/6/2000 4:45:54 PM
From: Tunica Albuginea	Read Replies (2) of 77397

With pooling of interests gone they only have 5.5 bill cash left. With economy cooling ( or going into recession ) due to higher interest rates, oil and health, there will be less money to buy other companies for CRSCO as it did in the past and show their profits as CRSCO's profits under the pooling of interests. So multiples will contract. At $50/ share CRSCO is still grossly overpriced. I am looking at $35/share by the time it is all over. Nasdaq 2500+/- CRSCO 54 3/4 down 1/2 in after hours.... getting dumped even as we speak.. .......not a lot of enthousiasm out there, TA

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