SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.28+0.1%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wyätt Gwyön who wrote (51617)4/17/2001 10:44:27 AM
From: Bruce Brown  Read Replies (2) of 77400
 
My $3 personal buy target is based on the assumption of a long, drawn out bottom where csco burns through a lot of book over the next several years. This may never happen, but it is the type of scenario that could make me an enthusiastic buyer.

That's what a lot of us said back in 95 when it was trading sub $3 per share (split-adjusted) in anticipation of an eventual growth splurge thanks to the Internet's growing acceptance. I'm not sure you'll snag your ideal target this time around, but a lot of the same principles apply in terms of catching the next wave of growth in the years going forward - be it 2002, 2003, 2004 or 2005.

BB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext