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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%3:59 PM EST

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To: SouthFloridaGuy who wrote (19640)12/2/1998 1:16:00 AM
From: Uncle Frank  Read Replies (1) of 77400
 
>>On a short term basis, the stocks are over extended

I have to agree. From 10/8 to today the nasdaq comp leaped over 500 points without a falter, except for Monday, of course. It is reasonable, appropriate, and logical that there should be a correction, but it's entirely possible we won't see one until after 1Q99. This is indeed a new market, and traditional expectations aren't met with regularity, as witnessed by the profitless.com sector. As one of the new breed of investors, you should appreciate that.

>>Medium term, CSCO looks GGGRRREEEAAAT

Please define medium term; I got the feeling
Frank

btw, after getting your education in n. cal, how could you relocate to Brooklyn???
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