CSCO - where's the bottom?!?!? Bear Thread Message Board

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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread

CSCO 77.42

+4.6%

3:59 PM EST

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To: Monty Lenard who wrote (55)	11/16/2000 7:14:45 PM
From: bambs	Read Replies (1) of 253

I was just a little reading....I think I am going to downgrade my NT target from $20 to $17. Based on the fact that I am ignoring that they don't have a p/e but will likely trade to around 20 times ebitba. or a market cap of 55 bil...that's still not where I would want to buy and hold for 10 years but I think that's where it will bottom as a long term short. Call it $17 with in a 9 months. bambs

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