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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread
CSCO 70.83-0.3%1:31 PM EST
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To: Monty Lenard who wrote (6)11/11/2000 10:08:00 AM
From: bambs  Read Replies (2) of 253
 
Monty,

I think we will see a continued post election sell off for months to come even if there is a quick result in this election. (which I doubt)

All year I've listened to bulls go on and on about how the market can't go down because it's an election year. Now that the election is out of the way, I think a mental safe net has been pulled out from under this market. Now bulls are going to have to wake up and start looking at the declining margins, slowing growth and bankruptcys taking place in tech world.

Bambs

P.S. Let's get started with some CSCO analysis and comparisions. I would like to make it clear how insane the P/E and price to sales are for a company this size....with outstanding shares growing at 5%+ a year
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