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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.59+0.3%Jan 23 9:30 AM EST

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To: Elroy who wrote (71081)9/15/2006 11:29:56 AM
From: RetiredNow  Read Replies (2) of 77400
 
yes, it's sort of like Clinton. Reagan and Bush Sr laid the foundations for a good economy and then Clinton reaped the rewards. LOL. yes, I've heard these arguments before.

BTW, back on the Cisco topic, I have to point out that I'm up 31% on my money since Jan 2005. Just wanted to stop and smell them roses for a bit. :) Still not too late to reap these rewards either. 2007 is going to be a good year for Cisco as video over IP is already starting to take off. I bet we see at least $25 by Jan-Feb 2008. That's a nice 10%+ from these levels!

Then some of your bigger optimists think Cisco will go to $25 by Jan-Feb 2007. Take your pick...it's all good.

So if we get the typical seasonal dip in the next 4-6 weeks, then that might be a good time to buy. I'm amazed at the strength so far this Sept. Perhaps the market already dipped as far as it was going to over the summer, which set us up for a strong Sept/Oct. Odd. Anyway, if that is the case, then a strong Sept/Oct will be followed by a typically strong Nov-Feb. So we'd be looking for a good run in the next few months. Life is good! But I still wouldn't count out the odds of a potential dip in Sept/Oct.
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