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


To: Howard Feinstein who wrote (33676)4/12/2000 10:39:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77397
 
I think that people's expectations and greed are too much.

CSCO at 82 had a market cap of over 500 million. If it simply doubled, it would be worth a trillion.

Not gonna happen, just too hard to support on any valuation metric.

And if you think that valuation doesn't matter, then my answer is that somebody, somewhere thinks it does, because that's why the market is rotating.

You saw the highs on CSCO for at least 18 months, it's a dead money stock until autumn.