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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Charles Tutt who wrote (34301)8/10/2000 12:12:00 AM
From: uu  Read Replies (1) | Respond to of 64865
 
Charles:

Re: CISCO

I also own a bit of cisco, not too much anymore as I unloaded 95% of my holding in the stock today and bought more of SUNW, LSI and AMAT. I personally still like CSCO very much and its huge great prospects. However what people tend to overlook is the fact that Company's valuation currently is at around half a trillion dollars!

Every dollar per share added to CSCO stock adds another $7.4 billion to the Company's market cap. At half a trillion dollars CSCO is as big as GE, and more than the economies of most 3rd world countries! Now if these so called charlatans of wall street calling themselves analysts turned into celebrities by the types of CNBC are setting their 12-18 month target price on CSCO at $100 or $140/shr I only ask if they can count how many zeros there are in front of one trillion dollars! But then based on what I have come to know of these so called analysts I am sure they can indeed count the zeros in one trillion, and perhaps that is why they might - just might - be unloading their CSCO shares as they are making all their hype strong buy recommendations on the stock!

Anyway just my humble opinion as always.

Regards,



To: Charles Tutt who wrote (34301)8/11/2000 6:31:01 AM
From: Dennis  Respond to of 64865
 
ggggg

:o)