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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.80

-0.5%

Dec 29 3:59 PM EST

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To: Hector who wrote (22177)	2/8/1999 5:43:00 AM
From: Zoltan!	Read Replies (2) of 77400

>Subject: Re: CSCO is way overpriced. Take a careful look at IBM and CSCO profiles. How can CSCO market valuation be higher than IBM ? Answer: The same way tulips were worth $50,000 in 17th century Holland. In a mania, anything's possible. Sure, an answer, but one that is both wrongheaded and simplistic. Tulip mania is a ridiculous, facetious analogy, usually regurgitated by those of no vision, visceral or otherwise and would get you laughed out of any serious discussion. of Cisco. Remember, while most people have brains, Jach has merely a mouth and apparently a keyboard. Market valuation reflects recent performance and expectancy. If anything, it is IBM that is overpriced since it has been shrinking itself for well over a decade. IBM's halcyon days are well past. If you compare IBM to other companies with its mediocre performance and prospects you cannot come to any other conclusion than that IBM is relatively overvalued.

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