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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.030.0%Dec 24 12:59 PM EST

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To: RetiredNow who wrote (54560)8/17/2001 2:54:42 PM
From: Eric  Read Replies (1) of 77400
 
MM

I think we are having a good retest of the April lows and if you have a long term horizon now is probably a very good time to buy. Even for the short term mentality it's a great trading stock as are many other great tech stocks!

I finally got done listening to Cisco's conference call yesterday and IMHO things look very good for them going forward. My wild guess is a bottom of about $14 to $15 per share in the next few weeks.

I really feel sorry for their competition. They have been taken down to their knees with all their debt.

Nice to be sitting in the catbirds seat!

regards,

Eric
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