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

To: Wyätt Gwyön who wrote (52709)	5/9/2001 1:33:08 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 77399

I thought it was a pretty good argument. Something along the lines of "willing buyer, willing seller." There's no "right" price "out there" for any stock. JMHO. Charles Tutt (TM)

To: Wyätt Gwyön who wrote (52709)	5/9/2001 2:14:28 PM
From: uu	Read Replies (1) \| Respond to of 77399

Mucho - Oh come on Mucho -- dont quite now when things just started to be exciting! Why can you not response to the points I made!! Just to repeat them: a) In order to make money you need to buy low and sell it high to someone who thinks what you are selling him is worth much more. b) By your understanding of CSCO they are losing money, with negative sales growth, and therefore based on the numbers you pointed out even $22 billion is too much, and you are genuinely being too generous here. So why on earth you want to throw your money away by investing in a company that is losing money and has negative sales growth?!! c) Therefore even if you buy CSCO at $3/shr, dont you think selling it at any higher price would be impossible. After all based on your understanding of the company and the rate at which it is losing money and not growing its sales, the company will soon be filing for chapter 11. Conclusion: Your stock picking needs to be improved dramatically! I think you should go after some other stock whose underlying company will not file for chapter 11. And obviously CSCO (based on your understanding of its underlying business) is on its path to file for chapter 11. I just do not see why you even bother considering buying the stock at $3/shr?! In any event, so I take it that you will not help me to negotitate to get that beachfront property house for $10K?! Regards,