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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.80-0.3%3:02 PM EST

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To: American Spirit who wrote (26547)6/23/1999 8:36:00 AM
From: DownSouth   of 77400
 
American Spirit, comparing COMS to NOVL and Unisys does not convincing. NOVL has a huge installed base of mission critical products and a very hot NDS product filling a gap that MSFT has left. Unisys is a services company--not even the same industry as NOVL and COMS. COMS is failing in its strategy, suffering from success only in low margin, low volume products, weak in management.

If you continue to bottom fish, you will stay on the bottom, imo.

I like your spirit, but encourage you to try some gorilla investing. It is a lot more rewarding than buying high-tech companies that are in trouble.

You say CSCO was 65 in October? That was pre-split and during the mini-bear attack. Look at the chart. My CSCO is up 28% this year. I expect it to be over 50% by year end. Do you expect COMS to break 50 points this year? I think it will break 20 on the way down, but that is IMHO, of course.

Good investing. I really hope you are right about COMS, but I ain't bettin' on it.
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