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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Eric K. who wrote (111530)5/19/2000 2:38:00 AM
From: tejek  Read Replies (1) | Respond to of 1583952
 
OT

There was a prohibition against having anything other than Buy/Strong Buys on CSCO until 2 months ago! A lack of whiners/dissers is good-- it indicates a lack of material!

-Eric,

Actually, there are a number of dissers of CSCO and an increase of shorters. There is a general feeling that CSCO's share price/valuation has gotten ahead of its fundamentals.....that its overvalued.

Consequently I would expect CSCO at a minimum to trade sideways for a while, or even trend down some more. After all, its hard to justify a valuation of $345 billion when annual sales are approximately $16 billion, don't you think?

ted