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

To: kvkkc1 who wrote (50422)3/26/2001 6:37:40 PM
From: michael97123  Read Replies (2) | Respond to of 77400
 
"The boss tells the CIO that we can make it another year with the infrastructure we already have."

Dream on KV! Another year? Why not 5? This is a month to month/quarter to quarter phenomena. Folks will sign those PO's sooner than you think. Only a severe recession lasting well into 2002 will make your scenario possible and even then I doubt that folks will forgo tech completely.



To: kvkkc1 who wrote (50422)3/26/2001 7:21:29 PM
From: gc  Read Replies (1) | Respond to of 77400
 
"I think they are near their low, but that's only because there's only 17 more points they can lose."

It takes 40 points to come down 50% from its high at 80. It now takes only 8 points to cut this stock in half. In my view, it is now even more dangerous that ever before.


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