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

To: JakeStraw who wrote (54924)	9/5/2001 1:25:04 PM
From: Gold Beach	Read Replies (2) \| Respond to of 77400

With the way the markets are going today, I removed my $14 limit buy on CSCO As I recall, Greenspan does not own any stock. Several years ago when I read that I thought that was a good idea because no one could accuse him of influencing the market to his favor. Now I wish he had all of his money in the market when he was raising rates. Bob Brinker thinks that Greenspan should have raised margin rates rather than interest rates.

To: JakeStraw who wrote (54924)	9/5/2001 1:43:53 PM
From: bambs	Read Replies (2) \| Respond to of 77400

Agreed...considering that I have been saying that CSCO and NT are both going to $5 for a year now...I think anyone who is selling now is being rational...a little late to the punch but rational still. NT. $5.58 today...one down...one to go...csco will be joining NT in the single digits before years end... Telco spending is going to be much worse next year. Happy trading, Bambs

To: JakeStraw who wrote (54924)	9/5/2001 8:04:30 PM
From: Victor Lazlo	Respond to of 77400

There are hundreds of stocks with PE ratios in the single numbers, with attractive PEG ratios, a few of which I hold, and thus with far better growth prospects than CSCO, whose growth outlook is zero at the very best. (not hard to beat that) CSCO is way overvalued, it's still a big fat pig. But some lazy 'investors' insist on trying to tack up the dead horse and trying to ride. There's just no stopping them, apprently. Victor

To: JakeStraw who wrote (54924)	9/5/2001 11:23:39 PM
From: t2	Read Replies (1) \| Respond to of 77400

CSCO still sports a relatively high valuation considering its growth prospects and the uncertainty surrounding its business prospects in general Another factor would be that mutual funds held onto Cisco and many initiated positions as well, thinking that it will beat out NT and Lucent because of its cash levels. NT and LU have been dumped in a big way already but not Cisco. I think we could see a lot selling on Cisco...downward to about $10 to $12 in the next 2 weeks or so (imho). They could initiate a stock buyback if it goes below $10, which is something NT or LU could not do. On the other hand if Chambers is so bearish, why bother wasting the cash on a buyback. Cisco's cash per share is under $1 (from Yahoo). Lots of downside still left in this one given what has happened to NT---I am sticking with about a $10 target. Just feel that it gets there very fast. Just looking at the types of stocks that were getting beaten up today (I don't know if it is related to some tech fund liquidation)---nt, jdsu, cisco.