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


To: telecomguy who wrote (39532)8/15/2000 2:30:46 PM
From: t2  Read Replies (3) | Respond to of 77397
 
Anybody else also think that CSCO is about to rocket to the upside. I wonder if it is being kept down due to that big options trade a while back. If that is the case, I would bet this stock moves up big after options expiration.
Of course if enough people believe this, it could make a big run even before expiration.
I am betting on big gains in the coming days and weeks.

good luck.



To: telecomguy who wrote (39532)8/15/2000 8:15:04 PM
From: Bong Lewis  Respond to of 77397
 
i don't know why you guys spend too much time
arguing about csco valuation. no doubt that it
is overvalue but we got what we are paying for.
it's like the Bulls paid high contract to Michael
Jordan because he brought 6 championships to Chicago.
As long as CSCO fundamental is not change, as long
as it keeps beating estimates, many people willing
to pay for its high premium.

i don't bother to follow cisco daily news or pricing.
if i think it's not worth it to invest, i would sell
and forget about it. why be bother to argue?