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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (41919)	2/7/2001 10:41:38 PM
From: Jerome	Read Replies (2) \| Respond to of 70976

Weren't these the sucker downgrades. From Strong Buy to Buy. SSB said the new price target is now 60 was 80. Did any analyst say SELL. My point being that the companies these analysts represent have a financial relationship with CSCO, and so the downgrades are of the gentlest kind. This is the same rubbish they were putting out when Dell disconnected with reality. CSCO at 30 is something like Dell just under 40. It made some people so excited they had to take the bait. Didn't SUNW and ORCL just go through the same wringer. I absolutely guarantee you that Tomorrow morning on CNBC some Mutual Fund Manager will tell you why CSCO is a compelling buy at these prices. Good Luck with CSCO I'll stick with the high flyers that have earnings (AMAT. NVLS, LRCX, KLAC etc.) Jerome