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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 82.44+2.2%1:38 PM EST
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To: The Phoenix who wrote (44892)12/19/2000 10:25:08 AM
From: Stock Farmer  Read Replies (1) of 77400
 
Gary - your math goes to the growth of the company.

This is unquestioned. But it has nothing to do with the price.

chic and others are making such a simple point. The issue here is that the current PRICE is high.

Try a different math. Instead of showing how quickly economic gains per share are growing, show how quickly this discounted stream adds up to some number - like, say $20 or $40 or $80 or $100.

Then post your findings, and then let's have an intelligent discussion.

John.
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