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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+0.2%Jan 12 3:59 PM EST
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To: RetiredNow who wrote (56646)1/14/2002 12:55:48 PM
From: larry  Read Replies (2) of 77400
 
Hi mind,

If your time frame is this decade, I will firmly bet that CSCO will trade in the $8 range some time down the road.

I do agree that great companies trade at a premium to its peers or competitors. However, the extent of the premium is up to any one's guess. I just doubt that in the days that Abby does not rule any more, the equity bubble will keep snow balling. Although greed is common among human beings, I believe investors (both long term and momo) have learned a thing or two during the last 20 months.

good luck,
larry
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