>>I was responding to your post, which was nothing more than an insult, not Sty's <<
My post was an insult ?? Ah, right, it wasn't 'newspeak' !
>>Cisco's forward PE is @25X. Cisco's forward growth is projected to at 30-40%, even in a market growing 17%. That's why DLJ recently stated Cisco is undervalued.
Yep, and the wolrd economy is static and a once projected forward growth is a granted right and planet earth is flat as a sheet of paper. Update your figures and have a close look at the US$ exchange rates in the major markets. Ever heard about EMU and EURO ? CSCO makes business worldwide
>>"..That's why DLJ recently stated Cisco is undervalued....An investor is one who makes an expenditure to acquire property or other assets in order to secure income or profit from its employment. To purchase securities of a more or less permanent nature. -Securities and Exchange Commission v. Wickham, D.C.Minn. 12F.Supp.245,247.."<<
Go and ask DLJ and the Exchange Commission for the money you could have made between 12/1/97 and today
>>Under your wrong view, unless a venture capitalist or founder, virtually everyone is trading options. You can make it up as you go, but we don't have to believe you.
There's no such thing like a wrong view, that's why we call it a view. I don't want to convince anyone, and you don't have to believe me. Still true, investor or not: Buying shares doesn't make sense if you don't sell.
Best wishes |