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

To: Rarebird who wrote (34508)4/30/2000 11:20:00 AM
From: JDN  Respond to of 77400
 
Dear Rarebird: The most interesting part is the authors naitivity!! Every study I have ever seen talks about expontential growth in DEMAND for broadband. The opposite of what he says. As to CSCO itself, I would be the first to admit its priced high. I only bought it at the dip (still high) but I think with its growth, while it may languish for awhile, it will eventually grow out of its problems of valuation. JDN



To: Rarebird who wrote (34508)4/30/2000 11:44:00 AM
From: Uncle Frank  Read Replies (3) | Respond to of 77400
 
Rarebird, This Ackerman piece has been floating around SI for a few weeks. It turns out that the article is terminally flawed; check out some of his math and the basic data he uses. You might also review some of the prior writings of this perennial bear:

gold-eagle.com

Ackerman's bent towards sensationalism and poor forecasting skills are on full display in the following Y2K piece:

gold-eagle.com

uf


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