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


To: GVTucker who wrote (45085)12/20/2000 9:36:17 AM
From: michael97123  Read Replies (1) | Respond to of 77400
 
And while you are correct that CSCO is about at the same level as then, it would seem to me that a money market
has outperformed CSCO since then, at significantly lower risk.

Will certainly admit to that. However a few weeks ago csco was 20% higher so it outperformed the mm. What about 6 months from now. Statistics always lie at some point. You just cant praise bambs for making the call at 78 when in fact we know he made the call on si at 38 and probably before that at split adjusted price of 7. None of us are genius's--thats my point. If buy and hold is a strategy you dont agree with; fine, i have my doubts sometimes too, especially today. But perpetual bearishness and then claiming credit for a 50% drop in csco as bams does is unseemly. And that analyst at merrill even if csco goes to 30 in this cycle is an ass.