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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.59

-0.6%

3:59 PM EST

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To: The Phoenix who wrote (18134)	10/12/1998 3:06:00 PM
From: JRI	Read Replies (1) of 77400

Cisco at 42.25 has worked out pretty well so far <g>...actually, I'm in for the long-term (not a trade)....I've always wanted to catch Cisco after 8 down days and a loss of around 40% in three weeks (based on news not necessarily affecting the future earnings stream of Cisco)..The market handed all of us a great opportunity... OT I don't know if you have kept up with the Dell thread in recent days, but there have been some (mostly bullish) forecasts of 1999 demand from independent groups (look at Dell facts thread) for China, Asia, and the overall PC market...I believe (as strongly as ever) about an uptick in 1999 demand worldwide (vs. 1998), and Dell will probably capture 30-40% of this (overall market)growth...........Have you kept your buy from a few weeks ago? With lower and lower interest rates, both Dell (and Cisco) can justify continued high PE's (and even higher) going forward....

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