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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (2081)5/10/2000 2:38:00 PM
From: BWAC  Read Replies (1) | Respond to of 5499
 
Oh yeah no doubt. But they didn't just wake up this morning and become overpriced overnight. CSCO has been richly priced for years.

They are a great company. Absolutely first class. But their stock price is completely out of relevance to any growth that they can ever reasonably achieve in my been wrong for years opinion. I don't suggest they go off the limb, but do a stall (ala DELL, HD, and WMT did) for a period of a few years.