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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%Nov 26 3:59 PM EST
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To: Stock Farmer who wrote (51792)4/21/2001 7:47:38 AM
From: Dave  Read Replies (1) of 77400
 
John,

So many people don't understand this concept. They are enamored by historical performance and extrapolate foolishly forwards. CSCO will quadruple shortly because it did that in recent memory...

That's what the "investors" call Due Dilligence. They look at his historical performance, then when a stock goes down, they buy. Not many people can actually analyze a B/S or SCF to determine the value. Come on, even the analysts can't, or perhaps they don't want to.
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