>>I said that the only thing that would cause Cisco to "go bust," to use your phrase, was for its growth rate to stop, that it had approximately 30% revenue growth and approximately 30% earnings per share growth, and zero long term debt.<<
cb, how little you understand about the new age... growth can stop. look at intc? q4 96 eps will be about equal to q4 98 eps (and this is a blockbuster q according to intc ;-) and their stock has doubled. -ng-
new era, baby!! ho ho ho ho!!!
granted, cisco's pe is a little higher, but that is between friends. you don't tell, i don't ;-)
actually, i think monetary liquidity or the fear of god is going to have to set in before people sell en masse. in the mean time, all i ask is they sell what i own puts on ;-) |