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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.38-0.5%Nov 18 3:59 PM EST

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To: GVTucker who wrote (44923)12/19/2000 1:29:55 PM
From: Stock Farmer  Read Replies (2) of 77400
 
GV: Right on.

People don't seem to get the fact that it's still priced for outperformance. Performance beyond outperformance.

Which is a bit risky... even for the mighty C.

Admitting $70 is overpriced is a step in the right direction. Next step is to figure out where the line should be drawn. Should it be at $69 or $68 or $67 or ... or $23 or $22... or... and so on.

But to use the argument that heck, it was $x several months ago and now it's worth x/n so that makes it "fair"??? Ha.

Like saying $20 bills are cheap at $40 because they used to be selling at $70.

John.
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