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


To: bambs who wrote (45911)1/3/2001 5:33:49 PM
From: Peppe  Respond to of 77400
 
bambs,

I agree that the bubble had to burst. But CSCO is not a "garbage" company. You may think they're overvalued, and that's cool, but don't confuse CSCO with other networking techs that had $30 Billion market caps with no revenue (CORV and SCMR come to mind).

We had to seperate the men from the boys, and the men will now rally...

Clear sailing to $50 if we close above $42 tomorrow,

Cheers,peppe



To: bambs who wrote (45911)1/3/2001 5:33:59 PM
From: Sly_  Read Replies (1) | Respond to of 77400
 
you bulls crack me up...you get a big pop from your dumb uncle al and you think everything has changed...Greenspan can't make garbage companies turn a profit...Greenspan can't change reality...He can make the end result even worse.

"With one last gasp of our precious air the silence was deafening as the firing squad took careful aim and put bombs out of our misery"

The end



To: bambs who wrote (45911)1/3/2001 5:54:15 PM
From: DiB  Read Replies (1) | Respond to of 77400
 
>Do you think we will break 3000 off this? I say no.

I say yes.

Here are some interesting comments from Briefing:

Merrill Fed Comments:

Firm says they believe the Fed's motivation for the 50 basis points cut was to send a clear message that they are committed to maintaining relatively stable and liquid capital markets and stable economic growth; notes that historically, within three months after an initial cut the S&P 500 has generally traded up around 10%, within six months the index has typically advanced 19% and by 12 months it has generally returned 23.6%.
Firm says that the broadest rebounds in the equity groups that occur during soft landings, particularly if the Fed has supported the market and the economy, are consumer cyclicals, financial services and technology; additionally notes that over 60% of the S&P industry sectors have been up over the past month and this may imply that the market liquidity is spreading out among the group, helping to set the stage for a broad advance.



To: bambs who wrote (45911)1/3/2001 7:07:59 PM
From: Peter Greenhill  Read Replies (1) | Respond to of 77400
 
<<you bulls crack me up...you get a big pop from your dumb uncle al and you think everything has changed...Greenspan can't make garbage companies turn a profit>>

You're on the wrong thread mate. This is Cisco not some two bit dotcom company. If you think Cisco is garbage then it is impossible to have a serious discussion with you. Some analysts predict that Cisco will hit 100 by the end of 2001.
I'll go along with that.

A strong company in a growth sector.