Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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) -- Ignore unavailable to you. Want to Upgrade?

To: Yogizuna who wrote (33291)	4/3/2000 3:25:00 PM
From: Eric	Read Replies (1) \| Respond to of 77400

With the Naz getting hit so hard here the last 30 minutes will be really interesting! Don't want to catch the falling knife just yet with the ruling coming out at 2PM PDT.

To: Yogizuna who wrote (33291)	4/3/2000 3:26:00 PM
From: Mark Duper	Read Replies (2) \| Respond to of 77400

Red everywhere! I wonder if anyone jumped out the window today. Everyone ok out there? Sup.

To: Yogizuna who wrote (33291)	4/3/2000 3:27:00 PM
From: The Band Leader	Read Replies (4) \| Respond to of 77400

Happy Belated April Fools Day to CSCO Holders To John Malloy who said I was illogical, I guess Mr. Market likes my logic. What was illogical was buying an $80 stock with $2 of sales. I used the world population size to try to help you get a feel for the size of CSCO's ridiculous market cap. Trees can't grow to the sky. But then the overvaluation had been even worsened by two economically-artificial events: the split which attracted all of the splitniks and end-of-quarter window dressing by the big boys and girls. Technically, we had to "back and fill." I liked the analogy someone used of CSCo dollars. It is like a currency. And if a country increases its economic growth by 50% (read CSCO sales), but its currency rises by 80% per year (read stock price), what do you get? Currency Devaluation. It may not happen today or tomorrow but eventually the stock price can't grow faster than sales (adjusted by changes in profit margin). Sorry for blowing my own horn, but I nailed this one. Great company, great stock, but it had gone too far, too fast.