What makes you think that many investors in CSCO dont have an interest in the entire sector. I, for one, currently own CSCO and FORE. I have also owned ASND, NN, COMS. The only thing I agree with you is that the whole sector may be profitable in the future. However, not every stock in the newtorking sector is going to benefit. Try having a conversation with investors who owned ASND this time last year and those who have owned COMS since the US robotics purchase. Come back after 12 months with these same figures and then I'll give you some credit. Finally, like Gary said, when LU decides to make its purchase come October (though not yet convinced its ASND...sorry Gary, but Im with Tim Luke here that FORE may be LU's choice.), you will see all the smaller networkers start to get picked off by ERICY, INTC, and others. Where will money go into then? To the king of networkers, CSCO.
IMO,
VM |
