SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: At-a-boy who wrote (21558)2/2/1999 4:14:00 PM
From: RetiredNow  Read Replies (3) of 77397
 
At-a-boy, you're getting a little defensive aren't you? I just asked you to explain your comment. When I read your comment I thought that you either had inside info or you were a typical Cisco bear who hammers the company for no reason. But as it turns out you have inside info. Very good. I am satisfied.

Now as to the stock price, I agree with others here that this stock is way ahead of itself. It's a good thing most of us bought in several years ago, so we have low avg prices, because this and other stocks are sure to tank in the next few months. The stock market is way out of control and due for a correction. If the FOMC raises interest rates tomorrow, that will be the beginning.

To be honest with you, I hope they do it too. I have cash and am waiting for good companies like Cisco to come back down to earth so I can buy even more. And for those of us who are longs, we should all pray that there is NOT a stock split announced in a few minutes. That would just exacerbate the problem. But one is not likely given Chambers view on how his stock should behave.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext