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

To: Eski who wrote (39409)	8/12/2000 10:43:30 AM
From: The Phoenix	Read Replies (2) \| Respond to of 77400

Eski, I'll go out a limb and suggest that if you calm down the rhetoric so too will the bulls. Perhaps we can stick to investing and stop taking things so personally? I'm still waiting for Mr Gary's response if he would buy CSCO at $70 I didn't know you had asked. But the answer is "it depends". If you currently had no equity exposure and let's say you came into an inheritance and you want to invest some of it.. and CSCO is trading at $70 at the time - yes.. you buy it. However given that CSCO is currently trading at $64 it's kinda of useless question. If I didn't own CSCO today I would buy it here.... not a question in my mind. ORCL, INTC, AMZN, AMAT, and a few others too... right here - I would buy them all and establish positions. WRT Cisco: Cisco's markets are growing at 30%-60% depending upon which market you're looking at. Cisco is executing like no other - dominanting the enterprise and penetrating the service provider markets. The management team is executing flawlessly. Forward PE's are in line with other high tech bellweathers (actually lower than some - for example Nortel) yet it is outperforming and out growing them all. Would I buy CSCO here - Abso-figgin-loutly. OG

To: Eski who wrote (39409)	8/12/2000 11:49:38 AM
From: LindyBill	Read Replies (2) \| Respond to of 77400

I have no position in CSCO, I just trade it both long and short That's fine, Eski, and I really hope you make a lot of money as a short term trader. It is a way to make money, if you are good at it. I am not, and make my money on longer term positions. There are many threads on SI for people who do what you say you do, but I notice you don't post to them. You are only posting to this thread, which is a thread for people who take a longer term position in CSCO. You obviously know this, and I assume you post here so that you can get a rise out of people who are not doing what you do. If you find this enjoyable, the people here cannot stop you, they can only put you on "Ignore". There are a lot of people like you on SI, and many of them have posted to the CSCO thread over the years. That is why I no longer post here. Posting answers to people like you is a waste of time. Oh, and yes, I would buy CSCO at the present price. I advise people who want a long term investment to buy it all the time. I consider CSCO the best long term investment in the market.

To: Eski who wrote (39409)	8/12/2000 10:23:33 PM
From: kvkkc1	Respond to of 77400

Eski, Take a chill pill. I am very long CSCO, but I don't think it will double in the next year. In fact I sold calls against 25% of my postion. I haven't heard many people saying it will double, and with all the negative sentiment coming from the financial press it probably won't. I would be perfectly happy if the return was 25% as that is low to mid 6's for me annually. If you're scared to buy CSCO, listen to the talking heads on CNBC and put your money in IBM, GE, KO or HWP, or better yet, short it. Just keep quiet about it. If you make profit, good. The stock market is not a zero sum game. I prefer CSCO's projected growth in the 30 to 50 range over those which show single to low teens growth, anytime. If you don't want to buy, don't. Nobody's twisting your arm. Bambs and your constant badgering of those who like the stock has gotten very old. If you can make some money shorting it, more power to you. Don't get ticked off just because the stock is defying the odds. There must be a reason for it and there are a whole bunch of folks smarter than you or I who have an awful lot of $ tied up in this stock. Good luck.knc