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

To: SouthFloridaGuy who wrote (49623)	3/6/2001 6:30:36 PM
From: Jay Couch	Read Replies (2) \| Respond to of 77397

Given about a 33% further fall in the Nasdaq on my prediction, one could predict CSCO at 24 * (33% * 1.22) = 14.40. That's a lot closer to my prediction of $12 than anything you were saying. So by your logic, you are telling me that if the Nasdaq can go to 1500, which you state is possible, CSCO should go to $15 since it effectively follows the Nasdaq. So, what you're saying is, that $14.40 is closer to $12 than it is to $15. Interesting... See what I get for getting my degree in engineering? All the math classes I took were apparently for nothing... BTW, I wasn't arguing that Exxon wasn't a good company. Just that Cisco is, too. Overvalued? Depends on how you look at it. In a booming economy where businesses can afford to actually pay for the equipment that they are purchasing, I would say that the growth potential in Cisco is better than the growth potential in Exxon. I was merely arguing your point that Cisco isn't a good company because it was "made up of selfish buggers".