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


To: Wyätt Gwyön who wrote (51419)4/15/2001 7:19:09 PM
From: Steve Warkentin  Respond to of 77399
 
"i am not sure what his performance has to do with what he says in the article "

Investors are beginning to hold all so called "experts" accountable. Performance compared to the S&P is a start. From there, readers can decide if the article or opinion is worthy.
Concerning the article: Putting a recovery time and price target on CSCO is IMHO like throwing darts. The stock could quadruple on some un-expectant news or it could get very close to being wiped out completely. Both scenarios are unlikely but the point should be obvious that no-one really knows.....especially a fund manager that can barely beat the S&P Index.



To: Wyätt Gwyön who wrote (51419)4/15/2001 10:14:01 PM
From: Gottfried  Read Replies (1) | Respond to of 77399
 
MM, you said >if i can buy the stock at my target of $6, i feel i will have a good margin of safety for a long-term holding<

Not to argue with your target, but if the stock DID go to 6, wouldn't that mean mean Cisco's biz is in the dumps? And why would one buy it there as a long term holding? You've heard about stocks under $10, right? Most of them never come back.

Gottfried