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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: Eric who wrote (10720)12/10/1997 4:23:00 PM
From: Sowbug  Read Replies (1) of 77400
 
<<We are getting close to another "gift" in the tech sector. >>

I think you're right. Everyone keeps saying CSCO is the last networker to fall, just like OXHS was the last health care to crash. I would be concerned if I were a short- to medium-term long in CSCO.

Someone a few posts ago mentioned that CSCO didn't have much of an Asian presence. Assuming that's correct, I still just don't see people fleeing other tech stocks and getting into CSCO for safety -- it seems more likely they'll just get out of techs entirely, especially with these guys like Cramer trashing the sector.

So if techs really start dropping, it's possible that CSCO will be hit harder than the rest.
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