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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: rairden who wrote (62538)12/27/2002 7:11:15 PM
From: RetiredNow  Read Replies (5) of 77397
 
I think Cisco will be at $20 by end of 2003. That's my guess. I think things are already getting better. However, the problem I see with my guess is that it would price Cisco much higher than its discounted cash flows value, which has never stopped the greater fools. :) But an even greater problem I see that could make any optimistic bets null is a war with N. Korea and Iraq and others. Yes, I said "and". It's possible we are seeing the beginning of a new world war with rogue nations and Islamic dictatorships, autocracies, monarchies, etc on one side, and Western progressive nations on the other.

Anyway, I'll stick by my guess at $20 by 12/31/03.
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