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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

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To: Eric Dickson who wrote (12249)	2/5/1998 12:30:00 AM
From: Eric	Read Replies (1) of 77400

Eric Over four years ago I used to "trade" this stock. I made a lot of money for the government and once the stock got away from me when it took a big jump. I had to buy in at a much higher price, I'm glad I did because it never came back down to where I wanted to originally buy it. I did a study about this and flowed out all the possiblitys on paper. The answer was to just get in and take a long position in the stocks you expect to appreciate most. I have to admit that at times of big corrections in this stock I go into margin to buy short term positions with the intent to sell near its recent highs. I still maintain my long position. This gives me the maximum leverage with little risk. Cisco's market size and cap are starting to slow down the magnitude of the swings. It is now becoming a mature growth stock but it still has lots of room to grow. Depending what happens with LU and Northern Telcom I expect Cisco to be a $20 billion a year company in about 4 years, possibly less. When you find a winner just take a position and enjoy the ride! regards Eric

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