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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.59-0.6%3:59 PM EST
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To: Amy J who wrote (66016)8/12/2004 4:30:39 PM
From: t2   of 77400
 
Amy, I think you are right. Now is probably the time for the long term buys in technology. I don't trust the large cap non-tech value stocks (if you read Bernie Shaeffer, you know why). Could still be a big drop but now likely followed by a very rapid rebound as well. Leaps is probably a great idea.

Also note outflows from tech funds all year....so sentiment is great and the PEs are adjusting. I have not gone long yet but thinking about it.
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