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


To: GVTucker who wrote (56401)12/6/2001 7:46:15 AM
From: kvkkc1  Read Replies (1) | Respond to of 77400
 
As long as mutual funds exist, there will always be greater fools.knc



To: GVTucker who wrote (56401)12/6/2001 7:50:23 AM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
LOL. Now you sounds like John. The Greater Fool is indeed a dubious friend, but I'm playing with pennies here anyway, so I'm not terribly concerned. I will say this, though. If it was just the Greater Fool that I was counting on, then I wouldn't invest. Instead, I believe there are a confluence of world and governmental influences that are making a concerted effort to lift this market. If these influences keep it up through the summer, then the economy will take over from there. So within one year, I believe it is likely that Cisco's valuation could rise substantially as its growth rate prospects become brighter again and as they work on cost containment and o/s share reduction.

So I'm counting a couple other things than just the greater fool.