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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.48

+2.0%

Jan 13 3:59 PM EST

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To: larry who wrote (54688)	8/24/2001 5:24:07 PM
From: RetiredNow	Read Replies (4) of 77400

I agree. What we are seeing is the typical mid-summer rally coming a little late. But these rallies aren't usually sustainable. What makes this one even more suspect is that the entire market popped due to the comments of one man. I'm sure I own enough Cisco shares through my mutual funds to have participated might heavily in this rally. But as to buying the stock individually, I'll wait until the cat is really dead in October. Then I will load up for the Nov-Jan quarter that Cisco usually has done well in. Time will tell if that becomes my long position or not. I'm still not certain this economy will come roaring out from the brink of recession. I'm more of the mind that it will be a slow and steady recovery, not a frothy one.

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