Matt, Although I agree with a good percentage of the information you provided, and IMO CSCO has been overvalued for a long time, (also JMO). Wall St. still has an Anal Problem...........many of them.......they're called Analysts... and we all need to remember........who they work for the next time the question arises as to whether to do any business with the firm they work for!!!!!!!! I know I will. Maybe I can't see the rationality, of these anal orfices rating stocks of gigantic companies, with limited, or very few liabilities and virtually no significant debt, in the single digits...and, if anyone thinks these characters, don't have their preferred clients loaded up at these levels, or even lower levels after the Jackasses issue their next "downgrade"....I'll Miss My Guess. My take on the whole thing is...when this market decides to move back up, it will do so quickly, which, if it does, will prove my point. There is also a distinct possibility I may be wrong...we'll see.
Rick |
