SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (31329)8/31/2000 11:52:43 AM
From: Ex-INTCfan  Read Replies (1) | Respond to of 35685
 
CSCO won't go up as quickly as it did last year, but it will run up this fall. Once it breaks thru 70 (probably within the next few days) it will run up to 80 quickly, and should run to 100 by the end of the year. The stock has been in a classic CSCO holding, which always precedes runups.

In the long run, look for average gains of 30% per year. If they make big inroads into optical, that percentage will be low.

INTCfan



To: Wharf Rat who wrote (31329)8/31/2000 11:53:04 AM
From: Dealer  Read Replies (1) | Respond to of 35685
 
Mornin' Kid,

I picked this up from the CSCO thread: You might want to take a quick look over there every once in a while. If you do go over there and find anything interesting bring it back over.

♥
dealie

To: Yogi who wrote (39712)
From: bambs Thursday, Aug 31, 2000 9:51 AM ET
Reply # of 39715

looks like a break out coming if csco takes out 67 1/2...could retest $70 in a hurry. with the fall rally being expected it seems we should be able to get over 70
bambs



To: Wharf Rat who wrote (31329)8/31/2000 11:54:55 AM
From: Ritch  Read Replies (1) | Respond to of 35685
 
Hi there Kid!

About a year and a half ago I let myself be swayed and sold my Cisco on similar comments. A number of analysts were saying that the multiple was too high and they could not keep up the high growth rate that they had to that point.

I bought back my shares and more from Jan to April of this year. The net result was that I had to pay taxes on the gains, and had to pay a lot more for the stock to get it back. It has still done great since buying back in.

I will not sell my Cisco again unless something changes in the story. If their earning rate really does slow or some new innovation comes around that will displace them as a leader or something similar.

JMHO!

Ritch



To: Wharf Rat who wrote (31329)8/31/2000 12:59:15 PM
From: Mannie  Respond to of 35685
 
elvan-I agree with those CSCO comments, and I don't feel that sideways is such a bad thing.

CSCO remains an aggressive, top notch performance company. Sure the PE is a little high but a couple of qtrs of sideways trading allows the earnings to catch up to the share price, which sets them up for another run. My CSCO is in my No Touchy Touchy, LTB&H account.

Scott