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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.05

+1.8%

12:01 PM EST

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To: John Koligman who wrote (74720)	12/19/2007 12:13:26 PM
From: Kirk ©	Read Replies (3) of 77397

"Don't know about the banks, although they are tempting. Perhaps the Chinese and Middle Easterners will end up owning overpriced assets just like the Japanese did when they were buying up Rockefeller Center and Pebble Beach " The Prince of Saud is still way ahead on his investment in Citibank back in 1990 or 1991.... To the defense of the Japanese, they probably did better on US property investments than they did if they bought in Tokyo. It may have been a diversification move and we simply saw the investments that did not work out well. Clearly their investments in Toyota and Honda have paid off... as GM and Ford hardly look solvent and Chrysler has been passed around like a hot potato. FWIW, I've added to my Citi shares at $30.15 as the support levels shown last month in the two charts here kirklindstrom.blogspot.com look to be holding

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