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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%3:59 PM EST

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To: zbyslaw owczarczyk who wrote (44052)12/3/2000 5:58:00 PM
From: bambs  Read Replies (2) of 77400
 
I don't think any of us believe that we can influence market movement. But, you must agree that posting here can influence some small investors. Given that, I think many of people post in a irresponsible fashion. Now is not a time for hope and hype. Not a time for talk about "little downside risk" or declaring long term buys on stocks with 7 billion shares out standing and a p/e of 120 ish. Oh...and don't forget...it looks like we could be heading into a recession, and CSCO has had it's last quarter with a increased growth rate, and the telco sector is in debt and junk bond trouble.

Best of luck with your investment,

Bambs

P.S. CSCO is also lending money to companies that have poor credit ratings like WCII. Vendor financing will prove to hurt this stock in the coming years.
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