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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.26+1.2%Jan 15 3:59 PM EST
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To: DiB who wrote (26726)7/1/1999 1:51:00 AM
From: Gerald Walls  Read Replies (1) of 77400
 
In this month's Rukeyser (however you spell it) newsletter, CSCO is the selected growth stock. The analyst recommended it at 59 and change with a 12-month target of 70. He said they face competition from Lucent, Alcatel and Nortel in their move to the phone area but that two factors work in Cisco's advantage. The first is that the telephone companies will want to dual source, and the second is that voice and data are merging to the data side where Cisco excels and away from the voice side where Lucent et al excel. The analyst did say that Lucent was buying into the networking field with the Ascend merger.

I own both LU and CSCO.
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