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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.40-1.4%Jan 14 3:59 PM EST

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To: chaz who wrote (62766)1/24/2003 4:23:01 PM
From: Lizzie Tudor  Read Replies (1) of 77400
 
chaz,

Serious question here.

We few here may conclude that many (if not most) tech companies are really shell games run by insiders to benefit themselves and employees before outside shareholders, and thus are and likely will be lousy long term investments.

If you feel that way then why not move on to other investments? Thats what I don't get, really. Somebody on the oracle thread is trying to convince people of the same thing, that tech is a shell game and a bad investment. Unfortunately on the oracle thread there are a lot of oracle employees that just happened to work there when the company was doing less than 100mm/qtr in revenues. Kinda tough to make that shell game argument under those circumstances, and yet he is trying to do so. Same deal with cisco if you ask me. It seems the entire game with tech is picking those winners and if you feel you can do that, the returns are phenomenal, nothing new about this... just typical of emerging markets of any kind.
Lizzie
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