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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.52+0.2%2:14 PM EST
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To: SAM who wrote (20905)1/18/1999 5:25:00 PM
From: Eric  Read Replies (1) of 77397
 
Sam,

Cisco is trading a little bit beyond it's normal trading range but that is normal based on it's value going forward. About three or four times a year the stock takes a temporary hit and declines approximately 30 to 40%. This creates a good opportunity to get in for a long position, that is 6 months to a year in length.( I am looking to hold for at least another 5 years.)

I know that just about everyone is expecting Cisco to stumble but they have not in the last 40 QTRS. In fact they are pulling away from the pack the last few qtrs and will reward the long term investor.

I will put my neck out on the line and say that they will be the most profitable networker going forward in the next 4 to 5 years. Only time will tell but they have made me over 7 figures in income the last six years.

Cisco is the quality act to beat. The telecommunications field will grow exponentially going forward and I believe Cisco and a few others are on the forefront of tremendous change.

Regards,

Eric
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