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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+0.2%Jan 12 3:59 PM EST
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To: kvkkc1 who wrote (50406)3/26/2001 4:21:06 PM
From: michael97123  Read Replies (2) of 77400
 
What we need to do is guess when this is all factored into the current price, just as $70 factored in growth at 50% plus that never materialized todays price might be factoring in too much pain as well.

"CSCO's customers are disspearing. Some might have but do the implication of your statement is that cisco will disappear. It won't and i know that you know that. This investor psychology thing drives the market even when we try to be dispassionate. Bulls might be making compounding last years mistake by becoming negative now.
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