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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%Nov 11 3:59 PM EST

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To: Yogizuna who wrote (50746)3/31/2001 10:35:31 AM
From: Victor Lazlo  Read Replies (2) of 77397
 
<<stocks like Csco are so oversold right now >>

So has csco announced a huge stock buyback, Yogi? If not then why not? Perhaps Csco mangement disagrees with you?

There is really no way to know the appropriate valuation of CSCO at this time, since Chambers and all these other "oversold" tech co's are not giving any "guidance" anymore because they have no foward "visibility".

I get realy puzzled by people who say things like "CSCO is oversold," since even the top people at CSCO have no idea what their sales are going to be like even one or two Q's from now. Their markets have fallen apart. Do retail investors know something that Chambers does not??
Victor
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