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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.11

-0.3%

Nov 5 3:59 PM EST

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To: Mr.Fun who wrote (20787)	1/14/1999 7:37:00 PM
From: Frank Sheridan	Read Replies (2) of 77397

Mr Fun - you have a lot of really good questions / concerns. All I can offer in response is what I have observed in the past about CSCO, Sun, and MSFT. I remember back in the 80's thinking MSFT couldn't keep the lead they had established (%60 of the OS market) because their technology was just so deficient. Today they control %90+. I remember back in the early 90's thinking Sun was going to be in deep trouble by now because of powerful PC's and Windows NT. You can see how SUN is doing today. My point? That a really first rate management team, like the one at CSCO (or MSFT, or Sun) is able to see better than you or I where to go and what to do to grow as a company. I really wish I had bought MSFT back in the late 80's when the engineers I knew said MSFT couldn't survive because their product was so crappy. I wish I had bought Sun back when I thought PC's were going to wipe them out. I'm really glad I hold CSCO now. Just my thoughts. Regards. P.S. Mr. Fun - your input is thoughtful and appreciated.

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