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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-1.3%

3:59 PM EST

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To: RetiredNow who wrote (57745)	2/20/2002 3:40:41 PM
From: Stock Farmer	Read Replies (1) of 77400

Seems like my razzing you for the razzing you gave me touched a nerve. LOL I'm hard to pin down? Hardly. Couldn't make myself more clear. I believe Cisco is well overvalued and also think it's kind of pointless to predict where an insane market might take the price. Rather like predicting which lanes the convoy of drunks coming the other way will swerve into next. My preferred approach is to get the heck off the road! If I thought my opinion on where the market was going was any good, I'd actually put some serious money on it. As it is, I have some very serious money riding on the bet that I can't! Now, if I was as steady and sure of $25 by YE as you would have me believe you are, then I'd have a good size bet in play. 50% in 10 months isn't a bad return at all. But I'm not. I gather you are. Good luck. I happen to think I haven't a clue whether or not you'll need it. John. P.S. As for the secondary market, we were going to wait a year (64% gross margins, remember?). It's a little premature of you to be doin' the nya-nya-nya-nya dance.

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