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


To: The Phoenix who wrote (45250)12/20/2000 9:01:46 PM
From: bambs  Read Replies (4) | Respond to of 77400
 
csco will be $15 stock in a few years... it will never be a true long term buy until it hits single digits...

We will see what kind of bargoon you have there...

LU all over again...

I do think that csco will be a buy some time maybe mid day tomorrow as the margin selling works through...The thing is it's just a buy for a bounce back at $40 over the following week.

Then it will be dead money again until the market conditions get worse and the economy goes into a hard hard landing...

bambs



To: The Phoenix who wrote (45250)12/20/2000 9:40:04 PM
From: Hector  Respond to of 77400
 
"and the lemmings sell off another $40B based upon this guy"

Maybe, just maybe, the wirehouse analysts are downgrading now because their firms' lawyers are starting to smell lawsuits and SEC investigations and they figure maybe it's not too late to do some real analysis and cover their butts.

BTW, the lemmings had alot to do with driving CSCO to the unsustainable price of $85. It should bottom right around the $25 level, which is just about where it was at the beginning of 1999.