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

To: chaz who wrote (61521)	10/2/2002 1:24:51 AM
From: ehasfjord	Respond to of 77399

Hi There, Can't talk about Mehmet Balos. Here is the primary reason, check out the volumn figures + it went up: moneycentral.msn.com It is true that the company has been making little money, BUT, if and when - make that WHEN the economy turns around, AFCI will be in an excellent position to provide the "last mile" of fibre service. Right now this particular arena is very much out of favor, and I like to purchase "fallen angels", especially at a real discount. Ask yourself, What is the cash and cash equiv. of the company? (it works out to around $8.00 per share, and the price is a little above $13.00 a share) Does the company have any major long term debt? NO Is this area going to rise? YES Is this a viable product? YES Am I getting in cheap? (check price .vs. book value). YES Re: J.S. selling shares: He has so many falling out of his backside that his selling doesn't matter! I think that AFCI as a short to medium buy and hold will work out to the tune of $4 to $5 a share. Perhaps I'm wrong, but I don't think so. Anyhow, Take Care!