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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+0.2%3:59 PM EST

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To: SouthFloridaGuy who wrote (48126)2/6/2001 1:20:19 PM
From: Uncle Frank  Read Replies (3) of 77400
 
>> ...eventually I see the Nasdaq and CSCO resting at around 1500 and 12 respectively. These targets come from the lows made in 1998.

That would be quite a bargain. Cisco's revenues for FY98 were $8.4B and they earned .21/sh. FY01 guidance is $27M revenue, and the consensus estimate is .78/sh. You must be counting on a Depression in your scenario. If that's the case, shouldn't we be focusing on buying canned goods and gold coins instead of equities?

uf
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