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

To: FR1 who wrote (52440)	5/8/2001 8:17:59 AM
From: RetiredNow	Read Replies (2) \| Respond to of 77397

I don't think it would be anything Chambers would say. It's more like the recent rise was due entirely to speculation and momentum trading. Therefore, there are no fundamentals to support the price. I think fair value is somewhere between $15-20, so it will keep swinging within there, until a) Chambers lifts his projects above 10% decline next quarter and the rest of the year or b) Chambers says things are getting worse. Either way, long term (at least more than a year for those of you who don't know what long term means), this stock will provide greater than S&P500 returns.