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


To: Diamond Jim who wrote (21836)2/3/1999 9:55:00 AM
From: JC Reddy  Read Replies (3) | Respond to of 77397
 
Well, one thing is for sure. Even if CSCO announces losses, the stock will still go up. It is crazy, but seems to be true! :-)

There is always enough support from the Wall Street analysts who will make investors look through rosy glasses. And of course, they will always ignore that CSCO made $0.17/share after write-offs. How else can you justify a 300% stock appreciation with 33% growth rate.

All said, I will never bet against CSCO. It's a crazy street.