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


To: RetiredNow who wrote (66788)1/3/2005 10:14:15 AM
From: Kirk ©  Read Replies (1) | Respond to of 77397
 
Now for the 12/31/2005 Cisco Price Forecast Contest.

Put me down for 20% above 2004's final price or

19.32*1.2 = $23.18

which is still below where I sold it last year after buying at $17 for a trade.

Remember, if the stock goes up, then outstanding options will be more costly...

I think they will be lucky to keep their valuation given all the competition so 20% price increase goes with 20% revenue growth.

I was too optimistic last year in my "guess" and when I figured out why, I sold the stock just shy of $24.