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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Jimbo Cobb who wrote (90677)4/11/2001 5:55:46 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
Didn't say I was going to short it. I just think CSCO is still a falling knife right now. Look at some of the other great companies that are now less then $10. Why not wait until management gains some visibility. That might not happen in the near future. Another hot technology stock could replace CSCO. CSCO may not become a high flyer again. The current PE is about 40 and the float is 7,130.90 Million shares. People may become tired of waiting and continue to sell those 7.1 billion shares. It's also going to be hard to make a penny a share with so many shares out.
NW