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


To: GVTucker who wrote (57480)2/11/2002 9:12:59 PM
From: Paul V.  Read Replies (1) | Respond to of 77400
 
GV, just look how CSCO and AMAT ran up during the last three bull cycles. It is amazing. Both stock run up it, appears, parallel to each other. I remember buying AMAT at $26 to see it break $100 within approx. 12 months. Then, the following cycle AMAT ran up from 21.50 to $230 before splitting 2 X 1. Will CSCO follow suit this time, no one knows. However, we are advised that the internet is doubling every 9 months, I believe while the storage is doubling every 6 months. With ASIA, Europe, etc. coming into its own and with the whole Worlds economies synchronized in a World bull market things could boom again. Companies are going to have to start replacing old equipment. The question is not 'will they" but when will they?

Paul