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

To: RetiredNow who wrote (55797)	10/4/2001 2:24:57 PM
From: kvkkc1	Read Replies (2) \| Respond to of 77400

If you really feel that way buy some puts. I bought the 12.5's for .35 yesterday. You can probably pick them up for .20 today.knc

To: RetiredNow who wrote (55797)	10/4/2001 2:25:02 PM
From: JakeStraw	Read Replies (1) \| Respond to of 77400

>> hopefully below $13, but I'm not sure that's likely. My gut feeling is that CSCO has a very good chance to revisit and even establish new lows in the coming months.

To: RetiredNow who wrote (55797)	10/4/2001 3:17:56 PM
From: Stock Farmer	Read Replies (1) \| Respond to of 77400

Yeah, actually at $15, I think it's too rich as well. I'd be willing to buy below $13 again, but ... Not to be putting too fine a point on it, but I've never felt I could get a price within 20-30% of "fair", Substitute $13 in my comparison with $15 and you're looking at NeuteredPseudoIBM with $0.61 / share in earnings. Difference between this hypothetical NeuteredPseudoIBM and our very real Cisco is that we KNOW NeuteredPseudoIBM's business has the potential to double three times (The real IBM is already there). But if you like Cisco at $13, then see what you get as a price you like for softie by comparison. The way I see it, they have many of the same "soft" factors you like a lot. Plus better hard numbers and that they have customers who can make purchase decisions without the signature of fifteen executive-vice-beurocrats, a lawyer, three counter-signing bean-counters and the head of the kitchen staff. John.