Tom Lee Tracker (Not actually Tom)(@TomLeeTracker):TOM LEE COMPARES TODAY'S AI STOCK CORRECTION TO CISCO'S 40% CRASH IN 1997 @fundstrat explains why the current AI selloff looks similar to the early internet boom: - Cisco $CSCO surged from $0.80 in 1994 to $9 in 1997 as the public internet began taking off - Alan Greenspan's warnings about irrational exuberance and preemptive monetary tightening triggered selling pressure - Slowing quarterly revenue growth and fears of competition pushed Cisco down 40% from $9 to $5, a correction Lee compares to today's AI stocks

Tom Lee Tracker (Not actually Tom)@TomLeeTracker

2026.10.31 16:26

TOM LEE COMPARES TODAY'S AI STOCK CORRECTION TO CISCO'S 40% CRASH IN 1997 @fundstrat explains why the current AI selloff looks similar to the early internet boom: - Cisco $CSCO surged from $0.80 in 1994 to $9 in 1997 as the public internet began taking off - Alan Greenspan's warnings about irrational exuberance and preemptive monetary tightening triggered selling pressure - Slowing quarterly revenue growth and fears of competition pushed Cisco down 40% from $9 to $5, a correction Lee compares to today's AI stocks

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