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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.87-0.1%Jan 9 9:30 AM EST

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To: Lenny Rosow who wrote (48480)2/8/2001 1:31:21 AM
From: American Spirit  Read Replies (2) of 77400
 
YHOO went from 25 to 39 in a couple weeks, now back down five points on the tech sell-off. Why did it go up? Why was $25 the bottom? A variety of factors but when you're the dominant internet company in the world the future gets priced in a bit. CSCO deserves a lot of value along those lines as well of course. And it will get it. Of course both stocks were very over-priced up near their highs. But now it is all an open question. Depends on your degree of pessimism. I think things have suddenly become a bit too pessimistic. And that most of the worries out there have been priced in. Maybe all of them. CSCO down from 39 to 30 for missing by a penny. That was a very expensive penny.
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