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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 83.12

+3.1%

3:59 PM EST

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To: JeffT who wrote (58310)	3/8/2002 10:59:56 AM
From: RetiredNow	Read Replies (3) of 77400

LOL. You sound like me, when I was arguing the same with John awhile back! One of my arguments against being overly quantitative is that Cisco and many other premium companies have never traded at or below their DCF values. They've always traded at a premium to it. Why? Who knows, but that's a fact. That's why I keep forecasting that Cisco will be at $25 by year's end, DCF be darned. :) Supply and demand for a stock really plays an important role and I think we've been seeing that role in the last week or so.

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