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


To: Harold S. who wrote (51872)4/19/2001 10:43:14 PM
From: flint  Read Replies (3) | Respond to of 77397
 
I just shorted Cisco. Where will the mob take this stock in the next 8 months? I believe the reason so many small investors got slaughter is because of foolishly making targets.

Nobody likes admitting they were wrong. Rather a bull will watch his money disappear (it could happen to bears).

I might lose a dollar, regroup and try again. I may even gamble after a sharp fall and go long. Where this worthless stock ends up in December I do not care.

What I do believe is the bulk of speculative investing capital is packing for retirement to Florida. I believe Cisco will never be able to pay a dividend that would attract an aging baby-boomer. The outflow of money from mutual funds will continue for 20 years.

The question is not whether the tech sector will survive. The question is can they serve a retiring baby-boom generation. No dividend potential means the mother load of investment capital will continue to flow out as the people grow older and older.

If this stock hits $60 I predict that will be the 10 year high in 2011.

Flint



To: Harold S. who wrote (51872)4/20/2001 11:39:06 AM
From: RetiredNow  Respond to of 77397
 
I say $35 per share.



To: Harold S. who wrote (51872)4/20/2001 3:36:09 PM
From: Gottfried  Respond to of 77397
 
Harold, $27 by Dec 31. Gottfried [end]



To: Harold S. who wrote (51872)4/20/2001 3:40:55 PM
From: oldirtybastard  Read Replies (1) | Respond to of 77397
 
$7



To: Harold S. who wrote (51872)4/20/2001 3:58:43 PM
From: Peter Greenhill  Respond to of 77397
 
I'd guess 26 at 31/12/01.

At that level I'd be sitting on a 400% since buying CSCO in Spring 97.

p



To: Harold S. who wrote (51872)4/20/2001 4:25:59 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 77397
 
between 5 and 30, (very small grin....)

I have gotten less and less sure of my predictions, all this year. The numbers on CSCO have gotten a little clearer, but there is still a massive amount of uncertainty, due to:
1. macro picture
2. are all the charges out now? (unlikely). And, if we get more charges, could they be several times what we now think they could be? (possible, unfortunately).
3. can Cisco develop products internally, now that they can't buy their product pipeline?

Ok, if I have to pick a number, I'll guess we get a recession, most of the charges are out, we don't get any more extremely unpleasant surprises out of the company, and we end 2001 at 13.

While you're at it, you could post our previous guesses on the low for this year. Ought to make an interesting (and humbling) comparison, to see the two lists side by side.



To: Harold S. who wrote (51872)4/20/2001 4:33:00 PM
From: Eric  Respond to of 77397
 
Harold

I'll take a shot at it.

At this time my wild guess is $39 per share December 31, 2001.

Eric