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


To: Dexter Lives On who wrote (58468)3/13/2002 9:42:51 AM
From: RetiredNow  Respond to of 77400
 
It cracks me up when people start talking about reasonable valuations. As John and my bickering has proven, what is reasonable to you is probably not reasonable to every other individual on this planet. I could reasonably state that the dollar has no value - it's all illusory. Yet, I want more dollars. Why is that? It's because the perception out there is that dollars have some value, sometimes it has more value and sometimes less. But if a nuclear war was to ensue and all formal governments to topple, then it would have no value and canned goods indeed would be very valuable. So we should just dispense with the whole reasonable valuation theory. Cisco's reasonable value is exactly what it is trading at today.