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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: RetiredNow who wrote (11845)	1/28/1998 6:46:00 PM
From: JRH	Read Replies (1) of 77400

I believe that Craig has stated several times that he isn't short on Cisco for the long term, but rather he knows that the stock is volatile and he expects a run down in the stock, not for fundamentals, but rather for the market. I am definetely Cisco for the long run, but I can see how it would be tempting to short CSCO right now. It has a history or running up, running down, and then back up again. I expect that this time will be no exception. Cisco won't stay above 60 on this trip, I think. But, have no fear, those of us who are long will get our money's worth outta this company!! Those of you who think that Cisco is such a good company that it will stay up at its all time high are pretty ignorant. Even the best companies and stocks have bad days in today's markets!! However, this is not to say that I hope the stock goes down. Hopefully it will stay up there for a while!! JRH

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