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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (31159)1/8/2000 1:42:00 AM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
I think it is more fun to look at it as a competition.

But the truth is why would anyone invest in Lucent when they can pretty much guarantee a better return in either Nortel or Cisco? I used to own both Lucent and Cisco. But when I sold my Lucent 2 years ago and put it in Cisco, I think it was Mizzou who thought it was a stupid move. Now I am extremely glad I did. Cisco has way outperformed Lucent in the last 2 years.



To: The Phoenix who wrote (31159)1/8/2000 9:13:00 AM
From: Zoltan!  Respond to of 77400
 
Lucent blamed the shortfall on production problems involving popular new telecom equipment gear. That explanation didn't fly with investors, who pummeled the stock on huge volume, providing another example of the severe punishment meted out to high-multiple stocks that fail to deliver. Some analysts cut their profit forecasts for Lucent's September 2000 fiscal year to $1.35 a share from $1.52, suggesting profit growth of less than 10% this year. Even with its setback last week, Lucent still trades at 40 times earnings.
interactive.wsj.com



To: The Phoenix who wrote (31159)1/8/2000 6:40:00 PM
From: Zoltan!  Read Replies (3) | Respond to of 77400
 
Herb Greenberg of TheStreet.com , the guy who first warned about LU, predicted on their Fox2000 tv show that LU is heading for the $30's, not a one quarter thing.

Cramer predicted the Nas is headed up and the place to be next week is in Cisco, SUN and Oracle.

PREDICTIONS:
Cramer says he wants
to be "where the action
is" and predicts plenty of
activity for Sun, Cisco and Oracle. Herb sees
activity for Lucent stock, but in the opposite
direction with it hitting the 30s in the long term. And
Dave sees volatility driving folks to safer stocks and
is prescribing a healthy first quarter for
pharmaceuticals.

thestreet.com