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

To: RetiredNow who wrote (22033)2/5/1999 1:17:00 AM
From: jach  Read Replies (2) | Respond to of 77397
 
Very heavy insider selling at around 70$
biz.yahoo.com
Seems like the chairman thinks 70$ something is a good price. Now we can see it's definitely way overpriced now. Look at the number of shares sold. Seems like getting out from csco in a big way. That's why 1999 and going forward will be margin pressure years for csco. LU+ASND, NT+Bay, the many many startups will drive the margin down because of extreme competitive pricing. Why would one still hold csco when insiders are getting out in such a big way. imo.



To: RetiredNow who wrote (22033)2/5/1999 3:07:00 AM
From: LindyBill  Read Replies (2) | Respond to of 77397
 
Mindmeld, I know that you have been around for about two years, but, for those on the board who may be new, and are not familar with our thread moron, He started posting to this board last August when CSCO was at about 43. It is now 104. CSCO has gone up about 141%! since this jerk started posting his "doom and gloom".


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