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


To: Hector who wrote (22177)2/7/1999 11:31:00 PM
From: Curtis E. Bemis  Respond to of 77397
 
Folks-- You have to realize "in-the-box", or "off" is a FORE
employee and gets his kicks by baiting you--and he does and will
continue to do so as long as you engage him. He does it on the LU
thread as well.

He offers nothing of value, it can't be debated, and and spends time
just offering, IMO, which is just that. I welcome contrary ideas
but the majority of posts on this thread are from or about him. I
tire of it myself.



To: Hector who wrote (22177)2/7/1999 11:51:00 PM
From: jach  Read Replies (3) | Respond to of 77397
 
Both S&P and Nasdaq futures are up. Most tech stocks should go up in the morning. Will be interesting to see CSCO direction and strength vs Nasdaq. Last week CSCO tracked down much more than Nasdaq.



To: Hector who wrote (22177)2/8/1999 5:43:00 AM
From: Zoltan!  Read Replies (2) | Respond to of 77397
 
>Subject: Re: CSCO is way overpriced. Take a careful look at IBM and CSCO profiles. How can CSCO market valuation be higher than IBM ?
Answer: The same way tulips were worth $50,000 in 17th century Holland. In a mania, anything's possible.


Sure, an answer, but one that is both wrongheaded and simplistic. Tulip mania is a ridiculous, facetious analogy, usually regurgitated by those of no vision, visceral or otherwise and would get you laughed out of any serious discussion. of Cisco. Remember, while most people have brains, Jach has merely a mouth and apparently a keyboard.

Market valuation reflects recent performance and expectancy. If anything, it is IBM that is overpriced since it has been shrinking itself for well over a decade. IBM's halcyon days are well past.

If you compare IBM to other companies with its mediocre performance and prospects you cannot come to any other conclusion than that IBM is relatively overvalued.