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


To: RetiredNow who wrote (53138)5/18/2001 1:52:41 PM
From: Stock Farmer  Read Replies (2) | Respond to of 77398
 
LOL. I thought looking for a 22 Trillion dollar source of wealth was kinda big picture myself...

But if you mean that I should join you with my head up in the clouds, well OK, I take your point. Clouds are awesome and beautiful and huge. 22 Trillion is small in comparison to the kinds of numbers of which clouds are formed.

But they still don't support your weight. So no, I will not step out there with you, and campaign with you for the post of head lemming... despite a healthy regard for the potency of the stuff you are tokin'.

The same "big picture" bla bla you are spouting led thousands of lemmings over an $80 high cliff that was CSCO's stock price last year. Go back and read the thread.

You will encounter the same groundless unquantified blabbering back then, and you will recognize that it was equally as valid one year ago as it is today. And yet we sit with a stock price that has been sliced in half and then in half again. And the CSCO Magician that did the slicing and dicing and julien frying did so for a very good reason. It was not accidental. It was because people lost fact that the PRICE OF A SLICE matters.

So give me one "big picture" reason why if everything is still the same we won't have a repeat of similar proportions? And show how it is connected to reality, not like "hey, the price went down so it can't go down again". I heard a lot of that around $50, and $45, and $40, and $30.. get the picture? The big one?

Forget all about your wonderful "rails of steel" hyperbole. Answer one BIG question. Where is the money coming from (like, show me). This isn't about falling in love with the qualities of the company. It's about showering ourselves with the quantity of money. So if you run from counting out the money, you risk having yours counted out of your pockets.

John
P.S. I am not an accountant.



To: RetiredNow who wrote (53138)5/18/2001 2:12:44 PM
From: Stock Farmer  Read Replies (2) | Respond to of 77398
 
Mindmeld - your thesis that CSCO benefits the most because they are #1 is hogwash.

Well, actually it's nice theory that occasionally rubs up against a smidgen of reality and ends up smelling bad.

Check recent Dell'Oro report on Ethernet switching 1Q'01, where CSCO's #1 position gave them a 16% growth, while NT, 3Com and Extreme garnered 22%, 26% and 29% growth respectively.