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

To: SouthFloridaGuy who wrote (48375)2/7/2001 11:55:31 AM
From: Tulvio Durand  Read Replies (2) | Respond to of 77400
 
SO, you're making a strong case for shorting this stock. Would you recommend shorting CSCO at current valuation? And if so, what would be your price objective for covering the short? Finally, how long do you estimate it will it take to get to your price objective? Thanks.

Tulvio



To: SouthFloridaGuy who wrote (48375)2/7/2001 3:22:17 PM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
answer to 1st question: with the $20 billion in cash that they have.

answer to 2nd question: yes. if options don't do the trick, they will be forced to pay well. That's life.

Either way, they have plenty of breathing room with all the cash they've hoarded.


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