Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Eski who wrote (39819)	9/9/2000 10:39:06 PM
From: bambs	Read Replies (1) \| Respond to of 77400

Eski, Don't waste your time posting stuff like that here. These guys are just looking for dips to "load up on". They don't care about things like a slowing economy and nose bleed valuations. Everyone here is getting ready to bargin shop! Because they all know that CSCO will be $85 by year end, $100 by next summer...ha ha ha! The proforma party must go on. Just look IBM: Five year return on owning IBM stock. 464% !!!!!! Look at the numbers and ask yourself is this a bubble market. The stock has gone up 464% and changed from trading at 4 times sales to 20 times sales. IBM Income growth 1 yr = -5.1% , 5 yr = 10.9% - from stock buy back, spin offs, and gains from investments. Revenue growth 1 yr = -1.3% , 5 yr = 4.3% , 10 yr = 3.1% Cash Flow growth 1 yr = -6.1% , 5 yr = 6.7% In the last year it has negative income, revenue and cash flow growth. Over 5 to 10 years it really hasn't grown anything but it's share price. If the stock price remained inline with income, revenue and cash flow growth you wouldn't even beat inflation. Going into a bear market and slowing economy as a longterm holder of IBM is a very risky bet. I hope that the "second half story" they have been promissing is a real page turner. 48.2% of IBM shares are held by Institutions...great for a stock that is going up....horrible for a stock that's peaked. Once institutions realize that new money inflows are slowing they will be tripping over each other to dump out. In light of this...CSCO could go up 10 times in the next five years if the public is dumb enough to buy every dip and hold and institutions follow suit. It must be nice to be able to pump air into bloated stocks and collect "management fees", bonuses and a salary. Bambs