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

To: The Phoenix who wrote (36149)	5/22/2000 9:47:00 PM
From: bambs	Respond to of 77400

Gary you are so politically correct...why don't you run for office :) I disagree with one point you made. I don't think shorts like Monty and myself are just technical trading. I believe we have a very different view of the future then the bulls on this thread. I believe that CSCO will have a very hard time continuing with 50% year over year growth. There are limitations to growth when you get big. Once you get to revenues of 30 or 40 billion a year it's very hard to pull 15-20 more out the next year. Once you get to 45-60 bil it's even tougher to pull 22-30 bil more out the next year. There are physical limitations on growth. It's very very tough to increase production by much in one year and very very tough to do it and keep profits at the same percentage. Think about it. I do agree with you though that we are trading with the trend right now. That trend alone will lead us to 2200-2500. If things get real ugly we may see 1500 ish. That's if the economy continues to sour in the next year with the failure of 3 out of 4 Internet start ups. And also the failure of venture capital to come into the tech sector. Bambs P.S. thanks for the flattery...We are a smart group aren't we. At least those that are shorting and take advantage of a 50% pull back from the highs of just a few months back. Bulls have to admit at least that! Average tech has pulled back 50%. That's a big move to miss out on if you are just a pure bull.