Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

0.0%

Dec 24 12:59 PM EST

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To: bambs who wrote (44767)	12/18/2000 12:43:09 PM
From: t2	Read Replies (1) of 77400

bambs, It looks like CSCO is finally being taken down. After being stuck around 50 for so long while the Nasdaq got cheaper, it was bound to happen. Still disagree with your recession scenario (although you were right on with your stock predictions). Maybe overowned tech stocks are being hit in part because they are overowned. Outflows out of tech mutual funds for 4 weeks in a row while overall money seems to be pouring in. I am just wondering how long the big funds will wait before buying. I guess they are holding onto cash positions, just in case we see year end redemptions. I believe it will turn any day and January should be great month but expecting some value sectors to also get their share of new fund flows. That is what may be different this coming year. The need for diversification. Interest rates keep going down in bonds, making for a better stock environment.

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