Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Monty Lenard who wrote (47412)	1/28/2001 10:51:14 PM
From: John Koligman	Read Replies (4) \| Respond to of 77400

I always smile when someone says 'a stock can't go to 10 unless there is a depression'. In 1983 I listened to IBM executives predicting 100 billion in sales before that decade was out. In 1993 IBM stock hit a split adjusted 10... Regards, John <ggg> PS - They still haven't hit that 100B target... Let's hope Chambers is right about 'it will all be over in a matter of months'. Michael Dell has been saying that for the last two years. Of course that's a different business...

To: Monty Lenard who wrote (47412)	1/28/2001 10:58:14 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 77400

<< I do think that will scare some people big time. Maybe not. >> Forget people; it will also scare the institutions and funds. <<Maybe everyone is looking at what the price is today compared to where it was before the sell off. I know it is a big mistake to do that but people still do it. Kinda like the store that raise the price then puts up a 50% off sign. >> Chambers making negative comments is new. This is new. The market to date has only been going on suspicion which so far CISCO has attempted, and fairly successfully so, to counteract with statements of confidence re 2001. But now negative comments, this is very new, mainly because it's an actual sales slowdown, not a projection.