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Strategies & Market Trends : Galapagos Islands
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To: Jorj X Mckie who wrote (38670)5/4/2003 4:28:43 PM
From: AugustWest  Read Replies (3) of 57110
 
For every Big Money pro who hates Cisco, another loves it, and Moore is in the latter camp. He extols the company's dominant franchise, growing market share and fortress-like balance sheet, with $26 billion of cash. Given that stash, the shares, at 15.12 apiece, are "reasonably valued," he sayshttp://www.siliconinvestor.com/readmsg.aspx?msgid=18911151

i wonder if he thought it was reasonable valued at $70

After reading the whole thing.
My guess is they ar all already leveraged to the hilt.
The only question that remains; when will they start selling? I think they actually believe their own bullishness.


I bet we get a good buying opportunity in the miners before the summer is over. A real good one!
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