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Technology Stocks : CSCO, COMS, BAY
CSCO 74.45+1.8%Nov 3 9:30 AM EST

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To: TechAlive who wrote (49)5/22/1996 7:23:00 PM
From: John Rieman   of 135
 
If COMS breaks above 53, the momentem guys will leave CSCO and move in. This should be the extra buying needed to make 60. CSCO is a buy on any pull back, but I don't think you will see 65 by August. If we have a correction in the fall, maybe you could still get in to CSCO at 55, later. If I don't see above 50% growth in earnings and income this quarter, I'm gona' get worried that CSCO is running away with this industry. The MSFT of the networking group, don't try to compete with them. Or the ORCL of data bases.
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