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

To: kvkkc1 who wrote (61915)10/15/2002 3:44:49 PM
From: SouthFloridaGuy  Respond to of 77398
 
I picked up 20% of a long-term position at 8.50. I thought I might see 7,6,5. I guess not.

DCF based on current cash flow shows that $8ish was a good target to buy.

The only caveat is that cash flow estimates might be coming down in which case the stock will too once this idiotic market rally is over.

My next buy point is 15. That would be based on momentum.


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