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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+3.1%3:59 PM EST
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To: RetiredNow who wrote (53236)5/21/2001 9:45:52 AM
From: GVTucker  Read Replies (2) of 77398
 
mindmeld, I'm glad that John responded to that post, otherwise I wouldn't have run across it.

In the post you show a year end price for Cisco in 2002 of $23 and change. Didn't you tell me that a year from now you expected CSCO to be $30?

What I'm implying here is that almost all of the growth you're expecting over the coming 5 years is later on. And that is dependent on that growth rate continuing to compound. The key to me here is that you can't miss a step. Otherwise that big compounding in year 5 disappears.
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