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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Jack Whitley who wrote (27880)	8/22/1999 9:58:00 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

I know I will probably get flamed for this post, but I want some opinions, good or bad. Cisco stock seems to have stalled out. My opinion is that the stock simply has gotten way ahead of itself and that we may not see much of a rise until Jan 2000. In fact, I'm thinking the stock may take a dive in the mid Sept to mid Oct timeframe. Now, I bought the bulk of my shares 3 or so years ago and I am not selling my shares, at least for the foreseeable future. But I am wondering what other people think the price action will be over the next couple of months. Things to think about: impending rate hike, Cisco's inflated PE (about double growth rate), and possible Y2K panic selling by the ignorant masses. Any opinions? TIA