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


To: Stock Farmer who wrote (53159)5/18/2001 10:16:47 PM
From: Charles Tutt  Read Replies (1) | Respond to of 77399
 
My guess is you won't see what you consider "real value" again in your lifetime, if you ever have.

But that's JMHO.

Charles Tutt (TM)



To: Stock Farmer who wrote (53159)5/18/2001 10:39:51 PM
From: Wyätt Gwyön  Respond to of 77399
 
John,

Indeed, my thesis is very simple: CSCO is a good LTBH buy at around $7.50 today (this is generous). It is priced at $20 today. So it is not a good LTBH buy today.

It is a good speculative buy at $20, because there is a reasonable probability that it will go higher (and lower) but that sales when higher will be profitable on pure volatility. So it is a good SPECULATIVE buy today.

But let's not confuse the two positions, shall we?


you know, this thread is beginning to remind me of that scene in A Connecticut Yankee in King Arthur's Court where the Yank tries to explain inflation to the locals, but they just can't get past how neat it is when you get more pieces of paper, value be damned.

speculation? investing? what's that? i wanna stock split!



To: Stock Farmer who wrote (53159)5/18/2001 10:50:24 PM
From: kvkkc1  Read Replies (1) | Respond to of 77399
 
The people who work with quantitative analysis in regards to CSCO were blown out of the water 9 out of 10 years that they have been public. I agree that they probably won't hit 60 anytime soon, but if they double in 5 years from the 15-20 range, then the average investor would be happy. You own MO, do you think you'll double your money in 5? I don't, yet you still hold. I really don't care to post like this, but you sound like a broken record.knc