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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.88+0.2%3:40 PM EST

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To: JEB who wrote (15898)8/9/1998 9:26:00 PM
From: J. P.  Read Replies (1) of 77400
 
<EK (Kodak). They are looking like a good short candidate. They seem to be a little top heavy right now.>

Well, for what its worth, I personally think now is the time to go long, not short. I know there's a lot of uncertainty out there, but uncertainty off the bottom might be the best time to buy.

As I stated before, the Dow is coming off a trip below the 200 DMA, and has been in decline for some time prior to that. EK being a Dow component might not be the best short, but I am certainly not any expert on specifics of EK's business model and historical valuations.

FWIW,

Jim
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