To: TWICK who wrote (37221 ) 3/14/2001 1:52:24 PM From: Crystal ball Read Replies (2) | Respond to Stocks OVERSOLD UNDERVALUED John Chambers plans CSCO BUYBACK plan, since the stock is worth more than US dollars and he knows it, Bob Dole knows it, you know it. This is now the FACT, Greenspan IS WRONG. All these stocks are MORE VALUABLE THAN US DOLLARS. High Tech Stocks, EVEN DATA, Oil, Chips, etc are undervalued to the US DOLLAR. Now there is nothing he can do about this emerging realization, look at Japan, the entore world currency system is OFF THE GOLD STANDARD, its all hype, portional interests in corporations (EQUITY STOCKS) are worth more than MONEY. The marklet will rebound, because now, as oil prices are drifitn down ($27 from he 30s) per barrel, all energy costs, and distribution costs are going to come back down, and this will add, multiplier effect, to higher earnings. I think CSCO is right on for 30-50% growth. I think that Storage like NTAP is on track at EPS GROWTH of 498% (this one is undervalued 5-6x, should be $135, not $23 or less), same thing goes for things people use and want to use, like hand helds, like PALM devices going into Kyocera cell phone smartphones, etc, etc. The market will recover first, CSCO when it does the buyback, or insiders buy back (and have to post with the SEC within 10 days) we will know they are buying these companies on the cheap, due to the short selling margin OVERSOLD conspiracy started by the bubble bursters, the next breath, these all times highs will be SURPASSED as not bubbles, but just old goal posts. All markets recover ahead of their underlying economies. Volatility is high today, down, up, then down, NOW GOING UP, maybe few more before the end of the day, but I expect late day RALLY. The speed of these are picking up now.
