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


To: Zoltan! who wrote (10614)12/1/1997 6:18:00 PM
From: Liatris Spicata  Read Replies (1) | Respond to of 77400
 
Duncan-
As one who is sensitive to the suffering of animals, I would never search out the beef, but I do wonder where, say, the tofu is. I also bought last spring (at $56 1/2) but sold half my holdings today at 90 9/16. Partly I wanted to pare down- indeed almost eliminate- my margin debt which I incurred by buying during the recent selloff, but partly I'm just nervous about CSCO. Are they really smarter than, for example, BAY (where, FTR, I also am long) and thus can truly justify their- what is it- 8X (?) PSR vs. BAY's 2.5 (have not checked these numbers, but they're not too far off). Over on the BAY thread, "Cruiser", a Bay employee who IMO is a credible source, reported a "rumor" that BAY has recently replaced "Crisco" in two large accounts.

FWIW, I habitually sell too early,

Larry

P.S. To the best of my knowledge, Bay Networks has not opened an edible oils subsidiary, but if they have, I've undoubtedly just made a terrible mistake.

P.P.S. BP, if you run across that article about $90 stocks, please post a reference. In my limited experience (I tend not to hold such pricey stuff) that tends to be true- the significant question is whether it's any more likely than $45 stocks going to 50.



To: Zoltan! who wrote (10614)12/1/1997 6:34:00 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Duncan

I will stick my neck out and say the stock will be $125 per sh split adjusted Jan 1, 2000.

Actually Northern Exposure was shot in Roslynd , Wa in Kititas county, about 65 miles SE of here. My folks have a pioneer house circa 1890's that they are restoring about 2 blocks from where the exterior scenes where shot!

I'm shooting for a high of $97 in 1998 for Cisco!

Eric

How about you Duncan?



To: Zoltan! who wrote (10614)12/1/1997 6:36:00 PM
From: MulhollandDrive  Respond to of 77400
 
OK, I'll bite....I see CSCO trading in the 100+ split adjusted at current prices, probably closer to 110. I'm looking for plus 110 by the middle of the 98 second quarter. I suppose my "guess" is about as good as anyone else's. Certainly is an optimistic one, no? Actually, I looked at the CSCO chart, and if you factor out the market selloff on "grey Monday", it appears to have formed a cup and handle, (just a laymans guess), but if so, we could see a rather dramatic contination of this current uptrend in CSCO. bp