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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (14707)	8/12/2001 9:01:09 AM
From: AllansAlias	Read Replies (3) \| Respond to of 52237

Yeah Berney, the mania is still upon us as we continue to see a market that is a voting machine. I keep coming back to CSCO. I recall many a heated discussion 12 months ago when CSCO was near its highs. It seems unbelievable to folks now that they could have held those clown beliefs, but hey, I think many still are holding/buying on nothing but hope/hype. Here's the question for me: Can anybody please explain why this company has a market-cap of $140 BILLION or so when it has no earnings and no visibility. $140 BILLION! That's about #9 or so in the S&P 100. So it's worth more than 90% of America's largest 100 companies. Err, cuz...?? It would make me laugh if it weren't so perverse. CSCO told us recently to expect a further decline in revenues next quarter, so hey, it's probably going to have to report a loss. Of course, it actually already incurred a loss, but with the art of Pro Formagic reporting, it showed a profit. My mind must work too simply to understand why anyone would want this in their portfolio.