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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-1.3%

Jan 2 9:30 AM EST

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To: The Phoenix who wrote (19066)	11/6/1998 11:41:00 PM
From: Mike Wong	of 77400

Thank you for a most informative post. While long on Cisco for the last 5 years, I sometimes waver due to 1. the high PE (admittedly, relative to lesser businesses), 2. the unbelievable years of uptrend (an emotional response), and 3. my constant re-evaluation of new, powerful competitors and what they do to CSCO's business (one in which I am never quite sure I am really understand all the technical and business issues). The post puts things back in perspective.

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