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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.63-0.2%2:38 PM EST

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To: zbyslaw owczarczyk who wrote (43536)11/16/2000 8:12:16 PM
From: t2  Read Replies (1) of 77400
 
More evidence of the flaws in the spending slowdown theory. It depends upon what it is for.

That is why I plan to buy PMCS, VTSS, AMCC shortly; certainly within a week or so. It is just too hard to pick a rock bottom price. The market at some point will start anticipating that the selloff in these stocks was somewhat unjustified or at least way overdone. People will start buying such stocks ahead of earning. As long as the companies stay bullish in their predictions, investors will buy well ahead of the earnings dates.

My favorite is PMCS but I don't have much of a position in it...yet.

Of course,I have been holding onto Cisco; it has been doing OK anyways.
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