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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: michael97123 who wrote (46317)1/8/2001 10:14:30 AM
From: larry  Read Replies (1) of 77400
 
Dear sir,

Does that mean that CSCO will pull in 500 billion in revenue in 10 years, in whatever way, stock selling, bank robbing, or whatever way it works, to justify the $500 price? Then it will still be expensive because of it PS of 10.

The bulls will never learn. All they know is to buy low because herd will come in to buy higher later anyway. If the stock market is a bubble and the bubble is burst right now as you mentioned, how can a bubble be mended again and get even larger?

That does not make sense.

The story of the bull market in the last 3-5 years is that a large part of the economy has become market driven and that is not sustainable in the long run.

larry!
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