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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%3:59 PM EST

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To: Wolverine who wrote (27961)8/26/1999 1:34:00 PM
From: Gerald Walls  Read Replies (2) of 77397
 
thestreet.com

Cramer Falters With Cisco
By James J. Cramer

8/26/99 11:36 AM ET


We blinked. We sold some Cisco (CSCO:Nasdaq) because we were worried they overpaid. We just put pen to paper and didn't like the valuation. Then, of course, the deeper we dug, the more we realized that this made sense, maybe even at this price. (Thanks Mr. Seymour for helping us.)

Now I feel paralyzed. I want to buy some of the stock back but I don't know if it will come in. I am completely tortured by this. Not like bamboo-splints-under-the-fingernails tortured. More like I-can't-believe-I-doubted-Chambers-will-he-ever-forgive-me tortured.

Feels the same in my book.

Come on, knock it down. Let me back in.
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