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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: Stock Farmer who wrote (51333)4/12/2001 8:05:15 PM
From: Jacob Snyder  Read Replies (1) of 77399
 
Good post.

I've been trying to figure out a Fair Value for CSCO, and I just can't do it. There are just so many unknowns, so many numbers that are suspect.

On this downturn, I've gone long CSCO twice, and quickly got out, with modest gains. I'll just keep watching, and eventually the picture will gel. I'm pretty certain (based mainly on how weak the competition is) that CSCO is going to gain market share, and the market will grow nicely(longterm). That's why, eventually, I'll take a large longterm position in CSCO. But, for now, and perhaps for the rest of this year, CSCO is not an investment-quality stock.
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