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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.94

+1.1%

Nov 28 9:30 AM EST

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To: Uncle Frank who wrote (14786)	6/27/1998 10:34:00 AM
From: Zoltan!	Read Replies (2) of 77400

June 26, 1998 DUELING PORTFOLIOS HOWARD SCHACHTER'S GROWTH PORTFOLIO Howard A. Schachter: Schachter Capital Management I'M BUYING Cisco (CSCO) this week at 89 3/16. I should have bought this stock a long time ago and I'll be the first to concede that it is not cheap by any valuation yardstick. But its growth prospects are simply tremendous. You're going to see an acceleration of mergers in the cable industry, as phone companies look for ways to make sure they get in on the action involving the Internet. This will accelerate the already voracious demand for networking infrastructure. Cisco is dominant in terms of its data-networking product line, and now it is getting into voice-networking products. smartmoney.com smartmoney.com

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