SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: bambs who wrote (53626)6/14/2001 8:57:14 AM
From: Stock Farmer  Read Replies (2) | Respond to of 77400
 
Hi Bambs - it's OK about the past. Nobody seemed to validate you back then. It's a shame they won't honestly stand up and say "sorry, guess I was wrong" and then go on.

Anyway, you were right.

Now... will that repeat? I gotta confess, I'm as skeptical of your view being "extreme" now as I was of your "extreme" view back then. But, events of the last year should have us all a bit more open minded to extreme.

I agree with you that NASD 1000 would be closer to reasonable economic valuation. I also agree that CSCO's economic value is closer to $5 than $20.

But I just don't see us getting there within a year.

Why? Because $5 is just too much humble pie to digest for too many vested interests.

I guess just watch and see. Meanwhile, I'm guarding my capital aggressively.

John