Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.16

+0.2%

Dec 26 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eric who wrote (44841)	12/18/2000 8:19:18 PM
From: Stock Farmer	Read Replies (3) of 77400

Eric - just so it's perfectly clear, I think we disagree. My view, this is not a great buying op. We are in the middle of one of the greatest selling opportunities of all time. Or, more precisely, one of the greatest selling opportunities of all time may have accidentally and prematurely ended early. Looks to me like one of the big guys got too greedy and tried to unload too quickly. Possibly expected a run up in advance of fomc, but rally fizzled early and taps were opened too wide. John Q. Public didn't show up on time to pick up the shares spewing onto the floor and the bottom fell out. FUD? No not yet. Not until someone starts to do some math. Take 300 B$ worth of T-bills. What's the discounted sum of this string of cash worth? Take 300 B$ worth of CSCO? What's the discounted sum of this string of cash worth? How many years does it take until (b) exceeds (a)? Assuming constant margins, what will CSCOs revenue be in this year? If I had shares, I might sell before the rest of the public does this math too. While I can still get a good price. The good news is that the majority of the American public can't do grade school math properly, so it might be a while before anyone figures this out. "Longs" still have a chance. By the way, this doesn't imply that the company isn't amazing and operating brilliantly. Company growth does not mean share price appreciation. I was reading earlier about all the "bad news" being priced in? Well, it seems that all of the growth has also been priced in too... and some people are starting to figure it out. John.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next