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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.69

+0.4%

Jan 21 3:59 PM EST

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To: RetiredNow who wrote (74517)	11/10/2007 1:17:53 AM
From: Elroy	Read Replies (2) of 77400

I believe downside risk at this point is minimal, meaning their is a remote probability of it going down significantly from here. Well your beliefs and reality have little to do with each other. A day ago you "believed" that CSCO would not go below $30. Suppose the economy does slow just a touch, over the next 6 months the market falls 10% from here, and in its next quarterly report CSCO again makes their number but indicates that the outlook remains "choppy". That's not an impossible scenario, if it happens, CSCO stock is probably going to decline from its current levels. To say that the chance of that happening is "minimal" is silly. It's probably more than 33%.

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