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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.69

+0.4%

3:59 PM EST

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To: The Phoenix who wrote (43828)	11/29/2000 5:22:24 PM
From: Eric	Read Replies (1) of 77400

Gary That's why I never invested in the box makers in the first place although I really liked Dell's business model. I watched them run up in 1995 and 1996 but sure didn't expect the stock to run as far as it did! It's getting to look good to buy into the markets. I am having a hard time holding off but it sure feels like a sudden capitulation sell-off any time now. Telco infrastructure plays looking interesting. Although some of the telco carriers will have trouble going forward with their old legacy equipment as an anchor around their necks (high people and equipment costs)! Going forward the fast and nimble ones will profit handsomely. Sales of that equipment will continue to take off because of the savings on economies of scale. I remember a college professor of mine years ago in a physics class that asked us how a car works. Not too many hands went up in the air on that one. If you asked 100 people on the street to explain how a car works very few could do it. Amazing since cars have been around now for over 100 years! So it's no wonder that the majority of people don't understand how important technology is going forward. The opportunities are endless... Eric

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