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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.87

-0.1%

Jan 9 9:30 AM EST

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To: Mr.Fun who wrote (29392)	11/22/1999 4:35:00 PM
From: JRI	Read Replies (2) of 77400

Hi Fun- Enjoyed your tete-a-tete with Chuzzlewit on the Lucent thread.....watch out for that cat! Good to see some first-rate financial (accounting) analysis for a change.. About six weeks ago, I asked you your opinion about Cisco's stock price (this quarter/during next year)...I believe Cisco has already come close to your mid-summer '00 price objectives...in other words, exceeds your (price) expectations.... What are your new targets? Also, I think many expected some sort of run in the Naz in the months Oct/Nov/Dec....a pullback, and then up again after Y2K....(the scenario you also previously layed out)...but I have to admit, I am (happily) surprised by the strength of the rally the last 3 weeks..including, of course, Cisco.....Do you (still) think we are due for a pullback between now (and end of year)...followed by another leg up in Jan/Feb... (That would be my guess).... How 'bout selling some calls (on a long underlying position) after the past 3 weeks (with the intention of buying them back before Y2K?) Anyway, always appreciate your well-thoughtout posts...

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