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


To: Eric who wrote (17694)10/5/1998 11:08:00 AM
From: Smart Investor  Respond to of 77400
 
I think the analyst are just piling up to push this market down further after the disappointment with Alan Greenspan's meagerly 0.25 cut. He should have cut the interest at least 0.5 -0.75 to prevent more market and global economy turmoil. If this market is going down any further, the danger of global depression is very real, and Alan Greenspan is partially responsible for not taking more decisive action. At this time, U.S. is the only one in a position to do anything significant, and he chose not to do it !



To: Eric who wrote (17694)10/5/1998 11:10:00 AM
From: tepli  Read Replies (2) | Respond to of 77400
 
Re: " There are a lot of scared individuals out there!"

They are creating a buying opportunity like in spring '97.
PE 32 for CSCO is not that bad anymore!

tepli