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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.07+1.4%10:36 AM EST
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To: Glenn D. Rudolph who wrote (16901)9/10/1998 6:12:00 PM
From: J. P.  Read Replies (1) of 77397
 
Hope tomorrow's Intel rally holds.

You know Cisco is one of the primary recipients
of any market strength. The grow their earnings
and they don't disappoint the street. They're in
a market segment with huge growth potential, and
they're the leader. They have a rich multiple, but
it has always been thus with Cisco, one of the greatest
stock stories of the 1990's.

I think Russia has been tallied up and discounted as a
total loss. Japan is ever so slowly inching forward.
Clinton is discounted and should he leave looks like a
positive for the markets. Brazil still teetering, and will
have to further be factored in a bit, the banks will mainly
be horsewhipped for this.

And we still have that great bullish day ahead when they lower
interest rates. Hopefully we can finally put in a bottom here.
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