Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.41

+2.3%

3:23 PM EST

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To: sepku who wrote (10801)	12/16/1997 11:44:00 AM
From: The Phoenix	Read Replies (1) of 77398

Style Pts. The trouble with your logic is that you are (were) bad mouthing this stock when it was already down but then you go on to say that you aren't willing to short it until it goes up to near its all time high again (85+). I find this curious. You apparently aren't really sold that this stock doesn't have some solid ground. Let's face it; of the networkers this is THE stock to own. If you're in this sector you have to be in Cisco. If you disagree I'd be interested to know what networker you believe will be stronger over the next 1, 2, and 5 year window. As for the hammering you've been taking in this forum. Much of it due to your volitile attitude I think. If Cisco is a "dough-boy" then we should hope all the stocks we hold are equal to it. At $6B+ revenues and a $40B+ market cap your comments have little foundation. Furthermore to buoy your position you point to the RAS market to which Cisco is relatively new. Therefore this position doesn't hold much water. Cisco pratically owns the remaining networking sectors...the fact that "the battle" is being waged on Ascend's turf points to who the aggressor is here. That means that Ascend is being forced to protect their small piece of turf essentially bottling them up while Cisco continues to dominate the remainder of the networking business. So, my good friend I think your comments, although perhaps well intentioned (not!), come from being ill informed about networking and business in general. Perhaps you should invest in Kmart... Gary >>>Perhaps you should short Cisco now? Institutional selling for year end will mean a run up. But then that would leave you a bit short...so to speak. I dare you.....short it!<<< Oh, I do intend to...and I promised I would announce my position at exactly the time I take it -- for better or for worse. Unfortunately, last week when ASND surged from 22 to 33 in two days, I was caught up in the excitement and didn't follow CSCO...I should have shorted when Cramer did. I won't short on a down day like today...I'm interested in 85+. So, for the meantime, I'm with you guys...I hope CSCO sees that level again soon. Style Pts.

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