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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: IBthinkin who wrote (14979)7/10/1998 10:03:00 PM
From: JF Quinnelly  Read Replies (1) of 77400
 
Yours is a good strategy if your shares aren't held in an IRA. And fund managers aren't going to pay much attention to tax events. Taxable or not, some puts might be in order. My worry is that this 30% grower has a p/e double, and maybe triple of that; not much room for disappointment. If interest rates move up p/e multiples contract, so CSCO could execute beautifully and you could still lose from this current price.
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