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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.28

+0.1%

Nov 25 3:59 PM EST

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To: The Phoenix who wrote (18028)	10/9/1998 2:56:00 PM
From: JRI	Read Replies (1) of 77400

Gary- Yesterday was panic....emotional selling....Great time to buy great companies....It really doesnt matter to me if it was hedge funds guys, Japanese investors repatriating capital....main thing is (is that) the selling was over done. Buy great companies. Buy them low. Buy them when they are being unfairly hammered. Dell and Cisco....they are two of the best around. I think Dell (and Cisco) will rise well next week (due to earnings and tech conference)...After options expiration (next Friday) I could see one more dip, before a nice overall rally (thru Christmas/January)...even if we see one more dip, I dont think Cisco will see 40 and change again (or Dell 80 and change)...Once in a lifetime opportunity yesterday.. Of course, in the short-term I could be wrong....In the long-term, I am very comfortable with Dell and Cisco at the levels I bought in..... (although I know we disagree to some extent on Dell's future)... Anyway...good luck with all....it seems yesterday's action happens about twice a year (or so)..Glad I caught it...

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