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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.63-2.2%1:41 PM EST

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To: GVTucker who wrote (44920)12/19/2000 12:52:43 PM
From: bambs  Read Replies (1) of 77400
 
I think he should ask Gary. All my reasons for csco going down are wrong, says Gary. This csco sell off has nothing to do with cap ex spending slow down...bad debt in vendor financing, bond market troubles for clecs, a p/e of 100+, actual earnings stuck at 11 cents, inventory build ups, slowing economy, margin debt, mutual fund redemptions, risk of a world financial crisis, risk of inflation, risk of recession....all my reasons for csco to trade down over this year and next are wrong, according to Gary. Why not ask him...I think he will tell you that it's just selling by uninformed investors that don't know anything.

bambs
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