SI
SI
discoversearch

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 78.34-0.1%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stock Farmer who wrote (45842)1/3/2001 11:42:19 AM
From: Peppe  Read Replies (2) of 77400
 
John,

I can't ever recall the bears being so confident as they are right now. Calling for CSCO in single digits is akin to the bulls predicting CSCO reaching a $ 1 Billion market cap.

Facts are useless in this type of market. But when a stock goes down on sentiment, innuendo, a feeling of unsustainability, rumors of not making their numbers, etc. and NONE OF IT has been substantiated, I see it as a buying opportunity. The fundamentals on CSCO have not changed, the market has. I believe that this market has severely slowed down a lot of the up and comers that compete with CSCO and as a result, CSCO will be even stronger.

I'll go out on a limb here and predict CSCO will return to the $65 range in the next 6 months. But that's just my opinion. I respect the bears point of view and I enjoy reading contrarian views that challenge my bullish position,

Cheers,

peppe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext