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

To: Stock Farmer who wrote (55595)9/23/2001 3:40:41 PM
From: larry  Read Replies (1) | Respond to of 77400
 
John,

I think that most investors who are NOT ignorant about math and economics can understand that, the chance of CSCO growing top line by 20%/year within the next 20 years (currently around 16 B to 612 B in 2021) is as slim as the US is destroyed by God's will.

The funny thing is that Chambers is still firmly talking about 30% long term growth as achievable. IMHO, a 10% growth is likely (106 B by 2021) if not likely less (7-8%).

larry!


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