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To: Asymmetric who wrote (5699)12/1/2000 9:42:06 AM
From: Dr. Doktor  Respond to of 6317
 
From Briefing.com

09:14 ET Cisco Systems (CSCO) 47 7/8: Company getting support from Bear Stearns and Morgan Stanley; in its Ripple Effect note, Bear says that rumors yesterday that CSCO has been pushing inventory back to contract manufacturers are "ill-founded" and Morgan Stanley sees no change in financial guidance at the upcoming Dec 4-5 analyst meeting.



To: Asymmetric who wrote (5699)12/1/2000 10:16:25 AM
From: Michael H  Read Replies (2) | Respond to of 6317
 
"At the same time, firm lowering its 12-month price target to $52 from $70 to reflect the changing valuation in the tech sector."

What does this imply for how the analyst was valuating the stock before? Discounted Cashflow Method (DCF)? Return on Investment (ROI)? Insane Market Valuations (IMV)? Randomized Price Guess (RPG)?

On Topic: Message 14912974

Michael