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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: Simon who wrote (66034)	8/19/2004 6:09:20 PM
From: davidtrx	of 77400

You may well be right. For myself, I don't claim such farsighted expertise We have surely been through a wrenching three months, indeed a turbulent and difficult four years in which long lists of stocks lost 66-80-90-95% of their value, and many stocks selling below perceived value More recently I have been noticing an easing of the gloom which overhung the market until about 1 1/2 weeks ago and have so commented previously I suppose one could also anecdotally observe that a market with repeated 100+ point gains in the Dow during a one-week span may finally be beginning to turn up I certainly believe there's a lot of risk still in the market with a small minority of stocks likely to do moderately well... and a much longer list with a lot of downside risk. In this sense I certainly share your observation about risk -- David

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