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


To: GVTucker who wrote (51465)4/16/2001 4:36:48 PM
From: All Mtn Ski  Read Replies (2) | Respond to of 77400
 
Yup, this is brutal for CSCO. I won't stay long, considering I got killed by this board for trashing CSCO at $30 a few months ago, but CSCO will see the single digits by June. Massive inventory write-offs and an industry in a tailspin. Premier company or not, CSCO is going under $10.

Now if only I was short, I'd be making money out of this misery.

Tom



To: GVTucker who wrote (51465)4/16/2001 4:37:26 PM
From: MHA  Read Replies (2) | Respond to of 77400
 
>> "In addition, I find it almost comical that CSCO is going to fund a company called Velocita to the tune of
$485mm, in exchange for Velocita buying $225mm of CSCO equipment. "

Can you provide pointer to where you found this info. Interesting, lately Cisco mgmt had been
telling that they will be very careful on who they fund...