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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.28-0.1%3:34 PM EST

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To: RetiredNow who wrote (69402)1/1/2006 11:48:28 PM
From: Stock Farmer  Read Replies (1) of 77397
 
Don't you think the fundamentals are catching up to the price by now, though?

Yup... but that doesn't mean you should expect blockbuster capital gains.

This thing is looking cheap to me.

Hmmm... when hasn't CSCO looked cheap to you? <g>

Maybe 2006 is the year large caps in general, and Cisco in particular, take off. What do you think? It sure is getting late in the business cycle, though.

I've got my bets elsewhere. I think money is to be made in the madness of crowds and, in particular, my boomer buddies who are busy squirreling away their retirement savings. The trick IMO is to anticipate what they will want and be there before them, sell into their demand. My workhorse, MO has more than doubled while CSCO and most of the S&P stagnated. Why do you think that might be?
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