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


To: 45bday who wrote (49054)2/18/2001 11:14:33 AM
From: bambs  Read Replies (4) | Respond to of 77400
 
A great long term bet imo

it will be a bet that's for sure...only a gambler would buy a stock like csco. the only way you can make money buying and holding csco is by selling it to a greater fool at a later date. there is close to zero value in this stock. I wouldn't buy it at $5 if i had to hold it for 10 years. the stock would likely trade higher but I would expect that if it ends up at $10 in 2010 it's very poor return given the kind of inflation we will be seeing. if csco trades much over $10 in 2010 I will be shocked.

bambs