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


To: Stock Farmer who wrote (45842)1/3/2001 11:42:19 AM
From: Peppe  Read Replies (2) | Respond to of 77400
 
John,

I can't ever recall the bears being so confident as they are right now. Calling for CSCO in single digits is akin to the bulls predicting CSCO reaching a $ 1 Billion market cap.

Facts are useless in this type of market. But when a stock goes down on sentiment, innuendo, a feeling of unsustainability, rumors of not making their numbers, etc. and NONE OF IT has been substantiated, I see it as a buying opportunity. The fundamentals on CSCO have not changed, the market has. I believe that this market has severely slowed down a lot of the up and comers that compete with CSCO and as a result, CSCO will be even stronger.

I'll go out on a limb here and predict CSCO will return to the $65 range in the next 6 months. But that's just my opinion. I respect the bears point of view and I enjoy reading contrarian views that challenge my bullish position,

Cheers,

peppe



To: Stock Farmer who wrote (45842)1/3/2001 12:25:54 PM
From: Zoltan!  Read Replies (1) | Respond to of 77400
 
Chambers and GE's Welch are meeting today with Prez-elect Bush to see how they can act to end the Great Clinton/Gore Bear Market.