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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.23

-0.5%

Jan 6 3:59 PM EST

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To: Jon R. Hahn who wrote (18371)	10/23/1998 2:12:00 PM
From: Bong Lewis	of 77400

"So, a good time to buy in, or perhaps wait awhile?" hold. most of indexes are testing the 200 moving avg and the DOW & S&P can hardly break it. NASDAQ is about to get there but don't sure if it will break it or not. I dont think DOW will be 9000 (hope that I am wrong) given that the bad news (ASIA, e.g.) still there and eventually it will coming back. I have bought enough all the big names that I wanted before the run up. It's risky to enter at this point unless we were in for long-term (at least 1 year). It's hard to tell until the end of DEC when the tax sell-off season end. I think buying opportunities still possible by JAN, though it is not a good idea to timing the market. The only sector that I am dare to get in now is the drug sector as the group has strong earnings and little effect by the economy tumoil Bought PFE at 95 last week after earnings. Good luck.

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