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


To: DownSouth who wrote (19648)12/2/1998 9:01:00 AM
From: DMaA  Read Replies (1) | Respond to of 77400
 
08:45 [CSCO] CISCO SYSTEMS TO BUY CALIF ROUTER FIRM FOR $126 MLN IN STOCK.

08:45 [CSCO] CISCO SYSTEMS SEES 3-CENT TO 6-CENT SHARE Q2 CHARGE ON BUY.

cbs.marketwatch.com



To: DownSouth who wrote (19648)12/2/1998 10:11:00 AM
From: jach  Read Replies (1) | Respond to of 77400
 
CSCO is a 50$ stock based on their 1999 earnings est times 30% growth. Remember CSCO valuation is skyhigh. CSCO mkt cap is larger than GM and FORD combined. Two great companies and making tons of money and will stay for a long long time. CSCO may just dissapear 5 or 10 years from now. In hightech, things move and change fast. The products that CSCO sell can be done by any company with a few employee and some money like 100 million or so. The competition to CSCO mkt is extremely easy, unlike GM and FORD. Will one buys FORD+GM or CSCO if they have the money to buy, think about it. All imo.



To: DownSouth who wrote (19648)12/2/1998 1:55:00 PM
From: Anthony  Read Replies (2) | Respond to of 77400
 
I agree that CSCO is a long term play, like other hundreds of companies around. I have been losing money 9 out of 10 times for falling in love with a stock and their management. Swear never to do that again. I am talking about short term like where CSCO will be in a month or two with relative of where the general market is heading. Hope your daughter bought at a right time.

Regard,