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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.83

+1.9%

3:22 PM EST

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To: Wyätt Gwyön who wrote (45417)	12/27/2000 9:21:26 AM
From: Techplayer	Read Replies (1) of 77400

Mucho Mas, So you are equating the products that CSCO sells to a PC? That is not a fair comparison. If you read the rest of my previous post, then you might draw on the long term view that short term declines are just that, short term. Lost opportunities are found in the internets and other hyped stocks that never should have been publicly traded over the last 18 months. If a shareholder or employee did not take profits when they were available, then that opportunity is lost forever. I was the beneficiary of LU gains via marriage and acquisition. Our average share price was under 8 bucks. when we finally sold the balance of our shares at 50, we did not look at the decline from 80-50 as lost opportunity, but as a financial windfall. We sold because management at LU was proving to be self-absorbed and technically incompetent. If I had held to 14, I would not have been so happy. CSCO is not LU. therefore, I feel that the likelihood of CSCO going to 15 is extremely low. At this point, I would say that there is more upside than downside if you were to look out 1-3 years. therefore, the opportunity is not lost for those with more than a 1-6 month outlook on the market. tp

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