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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 86.92

+2.5%

3:42 PM EST

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To: Boplicity who wrote (14698)	6/23/1998 4:37:00 PM
From: Daniel W. Koehler	Read Replies (2) of 77400

greg I share your worries. Sounds like Sony's stand on Beta vcr technology when the consortium went with VHS. Maybe not an exact fit as a metaphor. I'm surprised the market reacted so well to the statement - perhaps the momentum of the MSFT rally just pulled the Big Techs along as a group. In Chambers defense, he did say that going it alone would be better for shareholders. Was long to 85 now small short position. expect the fund managers to keep buying up until month end for momentum window dressing. ciao, daniel

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