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


To: Jerome who wrote (55832)10/6/2001 11:14:16 PM
From: bambs  Respond to of 77400
 
you must be kidding...csco is a p.o.s. 7 billion shares out standing...around a $1 only per share in cash. no earnings...not growth...no hope...

the sector is damned.

this is just another of the many bounces that I watched the foolish bulls celebrate as csco has fallen from $60's to the low teens. Single digits is on the way..I expect some time after the next earnings are released with some nice warnings.

sorry...Nasdaq will see sub 1000 and csco will see single digits.

bambs



To: Jerome who wrote (55832)10/8/2001 8:12:45 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 77400
 
6 dollars is an optimistic bottom imho. it will take 15 years for csco to be worth as much as 6 dollars, is my guess.