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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 83.12

+3.1%

Feb 3 3:59 PM EST

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To: Joan Osland Graffius who wrote (50723)	3/30/2001 11:08:57 AM
From: Yogizuna	Read Replies (1) of 77400

Hi Joan, Cisco's true worth is always a moving target depending on business and market conditions of course, so to try and estimate it's real worth at any one point in time is a futile exercise, especially when the visibility over the horizon is so poor right now..... I just try to go with overbought and oversold conditions, like when Ed Forrest (I believe) asked me over on the CNBC Critique board if CSCO was a good buy near it's highs, and my reply was something like I would not touch it with a ten foot pole at this overvalued level! Now my attitude is 180 degrees opposite, and while I most likely will not be able to pick the absolute bottom, nevertheless I believe CSCO to be a buy at current levels...... Have a great weekend everybody! Yogi

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