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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: limtex who wrote (24710)4/28/1999 7:06:00 PM
From: Wanderer  Read Replies (1) of 77398
 
limtex

I think you're right about a bit of overvaluation for some of the greats (CSCO, INTC, MSFT, etc).

However the irony of the "rotation" to Dow stocks with good earnings is that it is exactly these companies who are the big consumers of technology. Hence there doing well seems to me to be a sign that they will have the funds to continue to invest in technology in the future.

IMHO

Wanderer
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