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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.40+1.9%Dec 19 3:59 PM EST

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To: Mohan Marette who wrote (10195)11/4/1997 9:22:00 PM
From: Andreas Helke  Read Replies (1) of 77400
 
I don't like to buy a high flying stock at or near its all time high. Therefore I have not yet managed to buy back those Cisco shares that I sold earlier. At the few times that Cisco is available at a good price many other companies are available at a great price.
I think the best strategy for buying Cisco is to start with some of the money and buy more later independent of Cisco price movements.
During the april network stock correction I moved some money from Cisco into cheap Cascade shares. Cascade merged with Ascend and is doing very poorly now. Since then may remaining Cisco shares went up 50% while my Cascade shares went down 30 to 40%.

Andreas
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