Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: thecalculator who wrote (92434)	7/8/2002 11:31:27 AM
From: marginnayan	Read Replies (2) of 99280

Yes I know about Huber. If I'm not mistaken, CSCO at one time offered CORV $10 B in stock, prior to CORV's IPO. This was when fiber optics growth was exploding. If I remember it correct, it was the acquisition of Cerent by Cisco in mid 1999 that sparked the mind-boggling valuation game. I even got caught up in this game. But now investment by Buffet to the tune of 100 million in dying telcos is certainly a good sign. It could indicate a bottom in telco and networking sector. No wonder Barrons had a positive article this sector. What a co-incident. Barrons's article and Buffet's investment. These Barrons guys do get information that is not privy to J6P.

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