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


To: RetiredNow who wrote (33941)4/15/2000 11:28:00 AM
From: Techplayer  Read Replies (2) | Respond to of 77400
 
mindmeld, "silly?" For a person to join CSCO right now to become a millionaire, the stock would need to go up 200 bucks based on an above average offer of 5k shares. That is extremely unlikely to happen in the next 3-4 years given estimated growth rates. Before attacking me, get your facts straight because you obviously do not have the slightest clue about what you are talking about. In the northeast, it is far easier to get someone to take an offer with 5 digit shares than a few k of inflated CSCO.

It is true that for those people that have been employees for multiple years, they have big stock packages, but most are millionaires through having been acquired. The same can be said for any of the larger companies over the past few years. I will bet any amount of money that a person will make far more by taking a Sycamore package over a CSCO package at this point. I do not have similar data on the west coast players like JNPR. tp