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 : CSCO - where's the bottom?!?!? Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: Tom D who wrote (97)	11/22/2000 7:37:07 PM
From: bambs	Read Replies (1) \| Respond to of 253

I think I can explain it... CSCO is a pig...it is being held up by desperate fund managers and bulls. Hoping for a pop when the election mess is ended. Too bad it will just sell off like the rest of the garbage stocks on the nasdaq in the end. Just like in March/April how people held on to CSCO when all else got killed, they are placing their bets on it again. INTC held up well too. I think sell off in csco came after cnbc said jnpr is taking market share. Also, I think NT conference call rally helped to hold csco up. Don't you worry...csco will get whats coming to it soon. It may be the last to fall but it surely will. I bet $25-30 with in 9 months. Bambs

To: Tom D who wrote (97)	11/22/2000 7:50:50 PM
From: bambs	Read Replies (1) \| Respond to of 253

csco p/e 132....hmmmm $25 would be a p/e of 60. Seems very expensive still considering the actual earnings growth rate is 28.8% Considering that outstanding shares increases buy 8% a year. 4% at least, guarenteed by management. What if purchase method of accounting is used? What if salaries need to rise because stock options not welcome. What if tax benefits from stock options falls off. What if vendor financing blows up in their faces...what if competition increases...cap ex spending slow more then expected...clec's go broke? what if just a couple of the things i bring up happen at the same time? $25 for csco would still be full of risk! Bambs p.s. this mania will end with pain and depression