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

To: bambs who wrote (41523)	10/26/2000 11:30:43 AM
From: The Phoenix	Respond to of 77400

Actually NT's chart is very broken. I will not add until I see positive movement. Bambs, do ya think you can post a comment without being a dick about it???

To: bambs who wrote (41523)	10/26/2000 12:23:03 PM
From: chic_hearne	Respond to of 77400

good luck,...NT at $43.50. Looks like a falling knife to me. Remember buy low sell high. Don't buy low. Ride up. See peak...Watch it fall. Buy more...watch it fall more...ride it to $20 over 2 years. Ho Ho HO Bambs, I'm putting the same price target on NT as this Crisco company. Reading over the last 40 posts, I find it odd how the permabulls attack you. There's nothing I see that should incite anyone, unless of course, they were drunk off of their own bullishness and only capable of looking through rose colored glasses. I think your targets for the Naz are a bit optimistic to the high side. Take a look at GDP vs. stock market cap for US in '29, Japan in '89, and the US today. Also, take a look at P/e's (for those that have "e's") for the Naz and compare this with historical Naz P/e's. From reading many books on the past history of markets, it's clear to me you don't go from overvalued to fair value. You go from overvalued to undervalued before making any attempt at fair value. There has to be a big washout first. chic