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

To: SouthFloridaGuy who wrote (17859)	10/6/1998 10:01:00 PM
From: Mo Chips	Read Replies (1) \| Respond to of 77400

<<you sure are ignorant.>> Do you have anything useful to add? If not, SHUT UP! Mo

To: SouthFloridaGuy who wrote (17859)	10/6/1998 11:14:00 PM
From: DiB	Read Replies (1) \| Respond to of 77400

"Let's calculate this: If CSCO grows 30% year from current levels, we're looking at a valuation of approximately a quarter of a trillion by 2003. You may not be consciously greedy, but you sure are ignorant." I don't think so. Let me do the math for you. Say, your bought CSCO stock some time last year - 1997, at $30. 30 percent annually will yield the following prices: 1997 - $30 1998 - $39, 1999 - $51, 2000 - $66, 2001 - $79, 2002 - $102. IMO, considering: all the current and future developments in data and voice networking technology + inevitable growth of Internet + CSCO's market position, business model, etc. -> $102 for CSCO's share in 2002 seems doable to me. Of course you are entitled to your own opinion. No problema.