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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: Joel Sternberg who wrote (5066)	4/3/1997 4:24:00 PM
From: Yaacov	of 77400

Joel, I live in Europe, and I am well versed in European stock markets, ind addition to the stock market in Israel. The only stock market that I repect out of the US is Swiss Stock market. There are shares such as NeslŠ, and Royal Dutch that are safe havens and have given solid return over the years. Any other market ouside of UK is frieghtening. Buying into International funds is also a very unsafe. You pay in dollar, and your dollar is converted in various currencies and you may loose, not becasue your fund manger did not pick right or the stock did not perform, one losses as the currencies exchange rate fluctuate. So your stocks can performs 20% but you fund will loose 35%. It is a bit complicated to explain that all here. I believe in US stock market. It is ran by performance and greed. They ar both healthy evidance. I ow CSCO, but I am well divesified. I like to know what stocks or sectors would you choose in 1997. I thank you in advance for your comments. If you need more info on INTL funds, my e-mail is bgp5252@uninetcom.it RGDS Yaacov

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