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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.94+1.1%Nov 28 9:30 AM EST

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To: Catcher who wrote (20153)12/27/1998 5:03:00 PM
From: PMS Witch   of 77400
 
"Your opinion please...once AOL, yahoo excite, etc. nosedive what will become of Cicso?"

Nobody knows for sure, but here's a guess.

The 'Net rockets' are acting like the bio-tech stocks did earlier this decade where anything 'bio' was going through the roof. Some prick broke the bubble and the party ended. Those companies which had both products and profits survived while the companies trading on promise and stories didn't. Through this, traditional drug companies made their shareholders happy.

Companies like CSCO and MSFT are well established profit generators. When 'Latest Great Thing' comes back down to earth, people are going to look in the mirror and ask themselves "How could I have been so foolish?" while they consider where to invest what's left of their savings. The rewards CSCO holders have received over the years will look pretty good to them and that's were they'll want to be.

Cream rises to the top, PW.

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