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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.16

+0.2%

Dec 26 9:30 AM EST

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To: Frank Sheridan who wrote (20525)	1/9/1999 1:49:00 AM
From: JP	Read Replies (3) of 77400

Frank, Thanks very much for taking the time to provide your insight. You make some very good points. I am in almost total agreement with you but just to much of a value investor to jump in at this level. I think I'll be patient as sometime this year we are sure to run into volatility in the market. If CSCO gets hits substantially then I will make an investment. No doubt this company has made alot of people wealthy. A former manager of a company I used to work for had the wisdom and foresight to invest around $25,000 back in 1991, and then was patient enough to hold it through all of the ups and downs of the last 7+ years. Check out the math - over a 7000% return during that time. Soon he will retire. Good to know that these opportunities do exist. If only we could identify the next Cisco, Intel, or Microsoft; I'm sure there is one out there somewhere. Good Luck, Jim

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