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


To: Jane4IceCream who wrote (66857)1/21/2005 8:57:55 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 77400
 
I can't believe you are bragging about yourself on a stock that went from $50 to $13, hit $7 at one point, pays 0 in the way of dividends, and has been mired in a trading range for 2 years, completely underperforming the sector. No growth, yet 8x book value. Did you know at bear market troughs, stocks often trade at or below book? But don't worry, it will be the first to rise once the market falls, right?

Anyway, according to your logic, if ORCL had gone from $50 to $7, but not $5, you would have made out like a bandit because it didn't actually hit $5.

Nasdaq Crash part 2 will last until 2007 so don't count your chickens before they hatch, because $5 will be reached. Ain't no growth at ORCL or for that matter in the US of A.

Stop wasting my time, wannabe.