No, but within six months Coms should be about 66 and Cisco about 91. With upside revision possible for each.
Coms and Csco are emerging as the TWO clear leaders of Networking. There is not only one. Coms at low and middle end. Csco and the high and middle end. It is fast becoming so simple, really.
Own both, like I do. Then just sit back with serene equanimity, while you make money.
BTW, what has happened w/Csco is that it is rising into the pantheon. You know, as Msft has. The pantheon occupied by Coke, GE, Proctor & Gamble, etc. The pantheon of absolute assured dominance of niche and absolute assured growth, with no possibility whatsoever of extincition w/in five years say. (or even ten, which explains the relative valuations (to growth rates) of the non techs pantheon members.
Intel for all its dominance and attention was just Beginning to climb up. Latest unpleasantness is a setback. It will happen.
Probably happen for coms too. Definitely hasn't yet begun for our little coms however.
Great buy at these prices. Market was stupid enough to want to sell me more for 47.5 on Friday so I said...you worried??? I'm not....Here's some cash, give me some. 5% up in 20 minutes. Not so bad. <ggg>
Regards, Doug |
