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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.08+0.1%Nov 7 9:30 AM EST
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To: Diamond Jim who wrote (21836)2/3/1999 9:55:00 AM
From: JC Reddy  Read Replies (3) of 77397
 
Well, one thing is for sure. Even if CSCO announces losses, the stock will still go up. It is crazy, but seems to be true! :-)

There is always enough support from the Wall Street analysts who will make investors look through rosy glasses. And of course, they will always ignore that CSCO made $0.17/share after write-offs. How else can you justify a 300% stock appreciation with 33% growth rate.

All said, I will never bet against CSCO. It's a crazy street.

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