Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Alex MG who wrote (16133)	2/6/2003 1:53:02 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 19219

Did he really believe that? Yeah he believes it. He believes cisco will approach its old highs one day. I believe that too, assuming cisco maintains its current competitive position. I think cisco breifly touched 600bb mkt cap, thats a little extreme near the blowoff top. Lets say 400bb mkt cap is possible or 450bb. They have an agressive buyback program so the stock could get to old highs without reaching the same mkt cap. Note that cisco's valuation is significantly below msft right now, based on growth prospects alone I would say no reason for that... jmo We have had numerous crashes and recoveries in technology, at least 2 since I have been aware of the stock mkt... one was the PC boom and bust in the early 80s where apple crashed and burned from the 70s (or close to that... this is from memory) and back to under 5 and recovery back to old highs and beyond. Second situation database software and other companies early 90s oracle from high flyer to 4s, and then of course back to 100+. I wasn't around but IBM as one of the nifty 50 crashed and burned in the 70s and recovered in the 80s. My guess is cisco takes the position of IBM in the 80s in the next internet buildout phase. This is all fundamental business futures stuff that VC types talk about and is in no way extreme thinking. It might seem that way to some shorter on SI, so bash away I really don't care. The wildcard with a cisco = IBM analogy though is the chinese company Huiwei. My broker wasn't really aware of that threat last year. It may change the equation. But assuming Huiwei doesn't emerge Cisco looks, right now to dominate virtually every area of internet infrastructure which should replace all communications media in the next decade. Lizzie