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


To: RetiredNow who wrote (59090)4/25/2002 1:05:26 PM
From: bambs  Read Replies (2) | Respond to of 77400
 
the way i look at it...csco alone has enough cash on hand to buy nem and hgmcy. that's the worlds largest gold producer and 5th largest unhedged. seems to me like there is considerable upside.

at the peak yahoo had a market cap of around 140 billion i think...if hgmcy were to get that same kind of valuation in the next 10 years as the worlds 5th largest producer...that would be about $1000 a share. if gold goes to $2000-3000 over the next 15 years we could see that kind of run for hgmcy...easy...i expect this new gold market to end in a gold bubble market...

i think we could see hgmcy at $50 in 5 years with gold at $600 and that is with out a major drop in the dollar...which is dropping now...115.45 or so..

good luck