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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: renard fox who wrote (52541)5/8/2001 8:40:21 PM
From: RetiredNow  Read Replies (1) of 77397
 
The answer is that it should not go up from here. In fact, it's a little overpriced. It really shouldn't appreciate until revenues start growing again and we get a picture of how they will grow in the future. Would I get in at this level? No. I'd wait until it gets back to the $15 level or so. Do I believe it is worth $15 based on it's current growth rate? No. Do I believe that it is worth $15 based on the growth rates it will resume in a year or two? Yes. But as to what you do about it, that's your call.
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