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

To: Stock Farmer who wrote (47468)	1/29/2001 5:33:34 PM
From: bambs	Read Replies (2) \| Respond to of 77400

That fact remains that csco as a stock is doomed to do nothing but make lower highs and lower lows for years. The math has been done. The rest is just talk. Actual earnings will be interesting to watch this year. I would expect that many shareholders will be questioning the valuation over the year. CSCO, INTC, MSFT will all have trouble with actual earnings growth. People seem to be trying to sell the story that things will get better in a couple of quarters. I think they will get worse. Bankruptcy's will continue, over a trillion in junk bond debt will have to be eaten by some one over the next few years. Rate cuts won't even put a dent in the bottom line of the holders of this debt. Poor credit ratings and failing business models will not be helped by rate cuts. Greenspan will not be able to sweep this mess under the carpet. BTW, I wouldn't be surprised if we get 3/4 of a point cut tomorrow. Bambs