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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

3:59 PM EST

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To: telecomguy who wrote (39552)	8/15/2000 10:36:39 PM
From: t2	Read Replies (1) of 77400

you may see why lot of the institutions are treading carefully with CSCO these days........I may be biased but only because fundamentals tells me that I should be --- NT is going for dominance in the networking world and there is LOT of question mark as to whether CSCO can step up and compete with NT. I think the institutions are not as worried as they were before the earnings report. I hope you are right about NT as it is by far my largest holding. However, i would note that Cisco has been holding in this price range and has taken a lot of selling recently. I have added a large position in Cisco after their earnings report. Based upon what I understand, NT is not threatening Cisco's turf in any significant way. As long as the broadband and internet explosion continues (and it should for a long time), Cisco's business should be solid. Company guidance going forward is very good. In these type of situations the stock price of a "good news company" cannot be kept down for very long. I am still of the opinion the upside in Cisco stock is huge. If NT continues to make gains in stock price and it should-----this only leads to the belief that Cisco is setting up for one hell of a move, IMHO. I think even if NT stock price stalls, Cisco could still move up quite a bit. When it moves up, it will break 70 quite easily---the sellers will disappear since it is due to make the move after flirting with it in the last little while. Since it became solid in price in the 60s--ie would not dip into the 50s for long------it can only go up. I pretty confident and would not be selling in the near term and extrapolating that feeling to other investors----I bet a lot of Cisco holders feel the same way. Still think the options expiration is the current reason for the stall and next week will tell the real story.

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