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

To: michael97123 who wrote (45830)	1/3/2001 11:18:49 AM
From: chic_hearne	Respond to of 77400

But 500 and single digits for csco is an end of the world scenario. Not really. Crisco at $10 would still be a market cap of about $75 BILLION or 3 times sales or a P/e of 25 on real earnings. Not too out of line IMO. What do you see that is like 1929? The stock market was allowed to become the economy. An interesting quote I read somewhere about 1929 was that "historians still debate whether the crash caused the depression or the depression caused the crash". I'm of the school of thought that the Naz ITSELF is going to cause the recession or worse, a depression.