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

To: SouthFloridaGuy who wrote (52568)	5/8/2001 9:51:35 PM
From: Mark The Trader	Read Replies (1) \| Respond to of 77397

First let me say I am always shorting CSCO for a day trade. Now that I have got that out of the way no way will it see $ 3. Where exactly do you come up with these price targets?? Kind of makes you look a bit naive, especially with all those degrees you have?? You were posting this bullshit 2 months ago when the market was getting hammered. I suppose you think the Nasdaq is still going below 1000 also ??

To: SouthFloridaGuy who wrote (52568)	5/8/2001 10:05:46 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77397

That's a ballsy prediction! But at least you make no bones about it. I'll mark that in my task list and check back with you in 18 months, say November 2002. By then I bet the stock is around $30 and you say $3. Pheww. We are at opposite ends.

To: SouthFloridaGuy who wrote (52568)	5/8/2001 10:18:17 PM
From: bambs	Read Replies (1) \| Respond to of 77397

I bet $8 in 18 months 37 cent loss this quarter. for 2000 they only had 36 cents earnings. this loss wipes out a years earnings. 3 cents proforma is sad. annualize 3 cents. I think that over the next 4 quarters they will be lucky to have a proforma earnings of 3 cents for each quarter. that would give them a proforma p/e of 66 at $8. I think it's clear they will have negative actual earnings for this fiscal year. So csco will have no e in their p/e. p/e = n/a for csco for at least a year..It think it will be lucky to be $8 in 18 months. I think $5 ish should be my bearish target for that time frame. I don't expect we will see it trade much over $20 in the next 20 years. bambs