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

To: Stock Farmer who wrote (52021)	4/22/2001 10:29:28 AM
From: kvkkc1	Read Replies (1) \| Respond to of 77397

<Rewrite: "those who apply proper reasoning to the market get rich"> I suppose those who invested in the dot.com bust applied reason guessing earnings streams 10 years out like you and others attempt to do with DCF. Another chimp method. <Plus "Sometimes even a chimpanzee gets rich"> yes, another argument against your reasoning argument. <Plus PT Barnam's words about some of the people and some of the time.> That's about it. Some people are right some of the time. Some are right at others. <Because reason does prevail in the market. Just that most people lack the perspective necessary to comprehend its prevailing.> I disagree. CSCO is a great example. Up nearly 50% in 2 weeks despite delivering the worst news in their short corporate history. And so many others exhibit the same pattern. Reason would have the Nasdaq 100 sliced to the predictions that bambs and NYCB have made, yet it doesn't appear headed in that direction. It may eventually get there, but it just shows that reason doesn't prevail in the marketplace.knc