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


To: Wyätt Gwyön who wrote (52518)5/8/2001 5:50:14 PM
From: RetiredNow  Read Replies (2) | Respond to of 77397
 
sure, if you are a daytrader. I'd rather have complete transparency so I don't have to dig as hard. I'm more interested in Cisco's staying power long term. As long as I'm convinced of that, which I am, I won't sell my shares. But as for short term daytrades like the potential for a quick upside profit that I mentioned in that post, well, I'll leave that to the daytraders like yourself.

Since we're bringing up old posts, are you still sure Cisco is going to $10? Care to put a timeframe around that? Without a timeframe, your prediction is worthless. All stocks will go down to zero given a long enough timeframe. I predict Cisco won't exist as a separate entity three thousand years from now, but who cares. I'll be dead by then.



To: Wyätt Gwyön who wrote (52518)5/8/2001 5:53:37 PM
From: renard fox  Read Replies (1) | Respond to of 77397
 
Let's see. How fast is CSCO going to grow in the future?. If at 20%, then to get back to $30 per share, at a 20 PE ratio, CSCO would have to earn $1.50. Would anyone on this board care to comment on CSCO long term growth rate and why the stock price should go at a premium over the PEG. Thanks. I just can't figure out why a company should sell at such premiums when their products are becoming commoditized like everything is these days. Regards,
Renard Fox