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


To: Stock Farmer who wrote (54657)8/23/2001 9:54:27 PM
From: marginnayan  Read Replies (2) | Respond to of 77400
 
It is mildly entertaining to see the positioning and selective editing going on

Thanks for some support and appreciation. With market like this, it really helps.

P.S. Looks like I picked the right year to go on a long vacation.

Now this confuses me.

Regards,

marginnayan



To: Stock Farmer who wrote (54657)8/24/2001 8:25:01 AM
From: RetiredNow  Respond to of 77400
 
I'll say. I should have gone on vacation last year at around March. I got out of Cisco for a triple a little while ago, but am looking for another entry point for the long term again. I'm thinking that if now is not the time, we might see the bottom in another 2 months.

You don't have to tell me your opinion on Cisco. :) I already know that you think it is still wildly overvalued. I on the other hand really believe that bandwidth demands are still only in their infancy. True video on demand from Hollywood is on its way. Metro networks are getting built out. After metro the last mile will get built out, then broadband penetration will reach critical mass. Companies like Cisco are still in the middle of this tornado. Cisco is a good bet for the next 5 years. I bet you can easily double your money in 5 years, maybe a little more. I think that's a great return (~14%)and will beat the S&P500 averages.