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

To: JRI who wrote (28310)	9/15/1999 4:04:00 PM
From: Mr.Fun	Read Replies (3) \| Respond to of 77400

JRI, just a quick note to respond to your question - a lot going on today in tech. I expect a very shallow run up through Oct. - say to 75 or so. I expect it to trade off to the end of the year as the street frets about Y2K in all tech issues. I expect the street to breath a sigh of relief in late Jan when earnings turn out to be ok for most comm'n companies, and Cisco to rally strongly straight through earnings. However, don't see alot of room for multiple expansion so 12mo. target should be for ~28-30% appreciation from current levels, in line with expected earnings growth.