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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.53+1.4%2:05 PM EST

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To: RetiredNow who wrote (13174)4/3/1998 1:56:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 77398
 

Hey Glenn, thanks for the info on earning estimate decreases. :)


mindmeld,

It is my pleasure. I pass along increases as well as decreases.

Just wanted you not to feel like a beaten dog.

I have felt that way due a short play on AOL and AMZN<G> Still confident just beaten.

It does make me wonder why that didn't affect the price, though. Maybe it's like I've
been saying on the LU thread for a couple weeks now -- CSCO and LU have run up too
fast and are due for a pullback (especially LU). I hope get get vindicated soon. I think
it'll happen at the end of April. Then we'll all pick up some more of these two great
stocks.


It is my humble opinion the market is over bought. LU is priced insanely but they do make money. Money should leave the market next week to pay income taxes so that may give us a dip. A chance to get shares at a reasonable price.

Glenn
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