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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 86.28-0.5%Feb 10 3:59 PM EST
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To: Stock Farmer who wrote (55795)10/5/2001 9:48:17 AM
From: larry  Read Replies (1) of 77400
 
Hi John,

What's your opinion on GLW and SUNW? These two stocks are on my radar screen to establish long term long positions at around $7.5 or lower. I know that both companies are having tremendous problems right now, but I do see that there is a decent chance that they will double their share price within 3-5 years.

I will buy 20k shares of CSCO if it dips to my target price of 8 (assuming no fundamental changes in their business). Probably will begin to nibble a bit at around 10. Otherwise, I see better opportunities elsewhere.

thanks,
larry
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