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

To: michael97123 who wrote (50649)3/29/2001 10:49:20 AM
From: GVTucker  Read Replies (1) | Respond to of 77400
 
What does the price of the stock have to do with anything?

CSCO market cap is still north of $100 billion. LU is down to $35 billion. Those are the comparative numbers that matter, not the nominal price of the stock.



To: michael97123 who wrote (50649)3/29/2001 11:26:26 AM
From: AugustWest  Respond to of 77400
 
deleted. Not important.



To: michael97123 who wrote (50649)3/29/2001 12:22:26 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77400
 
BTW if a company like LU is holding at $10 how does CSCO can go to 6 as some of these analysts claim

Excellent point Michael, totally overlooked by EVERYONE!

I can't people forgot the first chapter of every finance book: a stock that is $10 is worth more than a $6 stock! Thus, there is no way that CSCO can go to 6 because it would be worth 40% less than LU.

ROFLMAO.


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