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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.66+1.7%1:28 PM EST
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To: RetiredNow who wrote (58590)3/23/2002 8:23:17 AM
From: Dave  Read Replies (1) of 77400
 
Mindmeld,

I believe that by year end Cisco will be trading around $18 on the hopes of a FY03 recovery. Remember when all were talking about the "V" or "U" shaped recoveries and those billions of dollars waiting on the "sidelines". I believe that CapEx will continue to decline. However, investors will have hope that a brighter future is in store for Cisco and company.
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