There seems to be a tight clustering of guesses in the 25-29 area. As with all Normal distributions, there are a few outliers, out there all alone on the thin edge of the Bell-shaped curve. A long tail on the bearish side, a stubby one on the bullish side. Sign of the times, I guess.
Question for NYCB, bambs, Rob V: CSCO bottomed at 11.04 in September 2001. Recall, for a moment, what the prevailing sentiment was then: the pervasive fear, everyone suddenly considering risks they had never given a thought to before, the bulls predicting a recession, the bears predicting a depression, a new war against an inaccessible enemy, anthrax in the mail, etc. What combination of events do you see resulting in a CSCO stock price less than what happened after 9/11?
Question for Uncle Frank, Jeff Tarver, Gottfried: What PE and EPS do you see by end-2002 that, multiplied together, gives your expected stock price? Alternately, what P/S and (trailing 12-month) sales figure gets you there? |