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

To: flint who wrote (52376)	5/6/2001 9:53:40 AM
From: RetiredNow	Respond to of 77399

You're right about my year ago guesses of where Cisco would be today. But I don't think Cisco will ever get back to 50% revenue growth rates. That is gone forever. I do believe that we will see Cisco grow at least 25% in FY2003 and I do believe the stock will be worth at least $40 within 3-4 years. That's a double from here and I'd be happy with that. Eventually, Cisco will pay dividends, but right now, I'd consider the management very stupid if they did. There are just too many opportunities in their market segments that they should be investing in. Bad economy or not, the Internet is real and will blow your mind with how it will invade your life just 10 years from now. There are so many underfunded ideas out there right now, that Cisco can step in to fund. The best thing they can do is act like a VC in some of these areas. Because 1 out of 10 will pan out and Cisco will be an early leader. This is one of their strengths and why I like having Cisco shares. JMHO.