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

To: goingbroke who wrote (74707)	12/6/2007 10:14:36 AM
From: RetiredNow	Read Replies (3) \| Respond to of 77400

I don't know. I'm sure there is a mathematical formula based on current forward options prices that would tell you exactly what the odds are for a 10% rise between now and Feb (from $27.25 that would be a move to $29.975). But I haven't performed that calculation. I'll leave that to you or Dinesh. I'm just going on my 12 years of experience investing in Cisco and following the stock. In addition, I'm going on my feeling that this stock is undervalued relative to its potential revenue and earnings growth over the next several years. So if you want to spam me for not giving you exact mathematical odds, that is your prerogative. Elroy loves to do that. However, I am telling you that I think the stock will see a 10% gain from here to Feb. What you do with my opinion is up to you. Last time I made a bet on the stock was in Jan'05 when the stock was in the $17s. It's risen quite a bit since then. I think I'll be right again this time. There's a lot of fear on the street right now. A lot of it is not justified. Now is a great time for entry points into your favorite stocks. Use it or lose it.