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

To: michael97123 who wrote (46317)	1/8/2001 9:15:57 AM
From: chic_hearne	Respond to of 77400

The absolute bottom will mean very little 10 years out. If cisco is at 500, it matters little whether you paid 35 or 45 for the stock. Not a chance. Cisco already has more outstanding shares than the entire world population, meaning a $500 price would represent about $600 per person in the entire world. $500 would also be a market cap of over $3.5 TRILLION, or 35% of our GDP. This simply will never happen, never.

To: michael97123 who wrote (46317)	1/8/2001 9:51:35 AM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 77400

The absolute bottom will mean very little 10 years out. If cisco is at 500, it matters little whether you paid 35 or 45 for the stock ROFLMAO! Are you a standup comic in real life? Cuz you are so fahney! PS. Math 101--if CSCO has 13BB shares in 10 years, then at 500 per share market cap would be $6.5 trillion!

To: michael97123 who wrote (46317)	1/8/2001 10:14:30 AM
From: larry	Read Replies (1) \| Respond to of 77400

Dear sir, Does that mean that CSCO will pull in 500 billion in revenue in 10 years, in whatever way, stock selling, bank robbing, or whatever way it works, to justify the $500 price? Then it will still be expensive because of it PS of 10. The bulls will never learn. All they know is to buy low because herd will come in to buy higher later anyway. If the stock market is a bubble and the bubble is burst right now as you mentioned, how can a bubble be mended again and get even larger? That does not make sense. The story of the bull market in the last 3-5 years is that a large part of the economy has become market driven and that is not sustainable in the long run. larry!

To: michael97123 who wrote (46317)	1/8/2001 12:18:41 PM
From: Eric	Read Replies (1) \| Respond to of 77400

Mike Yes 1987 was a great experience for me. The Friday before the crash I bought big time and watched later in the day when the Dow dropped 106 points.. I realized that Monday was going to be bad and called my dad and brother who are also full time investors. We knew the market was going to get creamed and when it started to unfold the following week I was in a state of amazement! To say I was like a deer staring into the headlights was an understatement! My dad on the other hand went into margin as my brother and I stood still. Three months later my brother and I were back in the green as though nothing had happened. We didn't sell anything. The one who really made a killing was my dad. He had seen this happen in the Depression when he was growing up and understood that we were in a bull market and that this crash was really a sharp, short correction. The one thing people have to keep in perspective is in the last 50 years when the fed has dropped rates 13 times in the succeeding year the market has been up at least 20%. There has been only one exception. Although some of us have read most of the classic texts on investing what I have found is history doesn't always repeat the way the books say. We may have a possible outline for what may happen but it doesn't always play out the same way. Eric