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


To: GVTucker who wrote (52310)5/4/2001 10:02:50 AM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 77398
 
09:59 ET Cisco Systems (CSCO) 18.07 -0.59 (-3.2%): -- Update -- Lazard Freres initiates coverage with an UNDERPERFORM rating and 12-month price target of $12. Firm's price target is based on stock trading at a 35 multiple, which is CSCO's mean for the 5-yr period from 1995-1999. Finds $2 bln write-off of raw material, most of which is probably less than 12 months old, excessive and troublesome.



To: GVTucker who wrote (52310)5/4/2001 12:26:48 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77398
 
That reminds me of that old Wall St. saw, "A long term investor is nothing more than a trader with a loss."

LOL.

Bye the bye did you get into Microsoft when I said it looked good at about 47 several months ago?

I did and am still holding.

Cheers