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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.99

+3.1%

Nov 12 3:59 PM EST

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To: Eric who wrote (24181)	4/5/1999 3:17:00 PM
From: Uncle Frank	Read Replies (2) of 77398

Eric, I share your enthusiasm for csco, but I have to chide you for setting such a low target - 120 by earnings. We are almost there now, and I would expect a substantial earnings run up. I'll be disappointed if we don't break 130 before earnings, partially in anticipation of the delayed split. However, I wouldn't expect it to hold 130 unless they actually announce a split. Part of my prediction is related to how long they have based in the 97 to 105 range; in my experience, this creates the potential for explosive appreciation. Frank

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