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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.70

+2.2%

3:59 PM EST

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To: Stock Farmer who wrote (46303)	1/8/2001 1:38:03 AM
From: Eric	Read Replies (2) of 77400

John We are just compensating for how high we went. The people who got in the last 1 1/2 years are underwater. If they can't tolerate the pain they will be gone and won't get back in here. I really think for investors it really depends on your time horizon. Can I make money in 90 days maybe, in 180 days a better chance... Over 2 to 5 years almost guaranteed. For me this market has been a gift, a lot of quality companies that I want to buy on the cheap. Sure some are still expensive but my criteria is long term. As Monty says there is no need to grab the last 5 to 10 percent of the move. What concerns me is that some are screaming end of the Investment world here. We are far from that. If I thought that I would be getting on my sailboat and heading to the South Pacific with all my gold. regards, Eric

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