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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.95+0.2%Dec 5 9:30 AM EST

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To: SouthFloridaGuy who wrote (17845)10/6/1998 7:30:00 PM
From: DiB  Read Replies (3) of 77400
 
>> You're better off in a CD until a clearer picture is formed
You must be kidding, right? CD will give you 5 percent a year. Do you think CISCO will be lower than $50 this time next year? The last time I checked packets will still be flowing up and down those networks.
Somebody has to move those bits, and CISCO has arguably the most recognizable face in this market. IMO, after year 2000 is gone IT infrastructure will be booming like crazy... Long-term CISCO should do just fine, thank you.

Personally, I am not greedy. 30+ percent annually over 5 years works just fine for me. Better than any mutual fund or CD for that matter.
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