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


To: uu who wrote (48565)2/8/2001 2:54:57 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77400
 
What you fail to mention in your "analysis" is that EVERY stock went crazy post 98 due to the interest rate free-for-all from Alan Greenspan; in addition, in less than 18 months the Nasdaq went from 1,500 to 5,000 - an unprecendented move in modern markets.

That move will be given back, hence CSCO to 10-12.

In summary, CSCO was not special.



To: uu who wrote (48565)2/8/2001 4:49:35 PM
From: Jacob Snyder  Respond to of 77400
 
re: All you need to do is to go to the posts made on this thread back in summer of 1998.

Or early 1997. CSCO is in a class by itself; it always maintains a higher PE than it's competitors. Juniper is today what Bay Networks (remember them?) was in 1997. It always amazes me how emotional investing is, how sentiment swings so wildly. Long-term trends are always a better predictor of the future than short-term trends. If you want to know where CSCO is headed, look at the 10-year chart, not the one-year chart. The short-term range for CSCO is 44-30, which means we could be back at 44 next week, just from random movement.

One rule of thumb: buy quality stocks, when shorters are being taken seriously on the SI boards.