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


To: Techplayer who wrote (45418)12/27/2000 9:26:41 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 77400
 
who said anything about PCs? I just gave an example of a former highflyer (DELL), and how people can rationalize not selling the stock. I said even less about LU, but congrats on getting out of that one.

CSCO also seems to be a former highflyer. However, that doesn't mean it is cheap. If you look at their cash flow and income statements, there are many question marks. I don't want to go into all that again, as these issues have been discussed ad infinitum already.

I don't know where CSCO is going, but IMHO it is still way overpriced.

Good luck.