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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: Mephisto who wrote (56340)11/19/2001 1:40:47 PM
From: Uncle Frank  Read Replies (2) of 77400
 
>> Do you think accumulating CSCO at these prices is a good idea?

It would have been better on September 27, when it traded at 11.04 :-).

Seriously, that question presupposes I have some insight into when the economy will recover, and how the market will respond. I don't. As well, that decision is very dependent on your personal investment style, so it's impossible to answer. All I'm suggesting is that Cisco will survive and its business will do better once the recession has ended. You need to make your own timing decisions.

I'm sure you'll get plenty of comments from our threadmates about why Cisco is a flawed company and why their stock is dead money.

uf
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