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


To: brightness00 who wrote (34162)4/19/2000 3:39:00 AM
From: Kashish King  Read Replies (3) | Respond to of 77400
 
Brightness,

This nonsense about shaking people out of their stocks is getting really old. Why is it that people who have about two weeks of investment experience pull out that little fable along with a few other empty statements. Why don't you focus on concrete facts instead of trying to pretend all of the concerns are being voiced by MMs and all of the worthless pump-and-dump posts are really trustworthy advice.

Longs tend to pump the stock and the shorts tend to bash it, to one degree or another. The difference is that longs out number shorts by a 100 to 1 and exaggerate much more wildly. Instead of impressing us with your insight you have informed us that you have nothing of value to offer. Just tired rhetoric we've had to listen to for 5 years by the same type of investor: the uninformed variety.

Again, nobody is saying anything bad about CSCO. The concerns are all over price. Intelligent people don't see how this maker of networking equipment is the most valuable company on Earth. I would suggest looking at their vital statistics and after sitting down, re-visit the stock price. What you will find is about a 75% downside which would still leave CSCO sitting pretty with a market cap of 120 plus billion. That's still about 8 times their annual revenues: still a high number historically, even for high growth stocks.