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

To: Uncle Frank who wrote (33919)	4/15/2000 12:02:00 PM
From: telecomguy	Respond to of 77400

It's a measure of intelligence that when the ship is sinking, there is no use in continuing the fight ON-BOARD the same ship! No problems. I don't invest with borrowed funds and I have no stocks in the hyper valuation territory (in fact NT probably has the highest valuation among all my stocks!). It was almost imminent that the correction had to take place some time due to the froth so I have been only investing in high-tech stocks (as I still firmly believe high-tech is THE growth industry to be in for the forseeable future) with STRONG cash/balance sheet position, low P/E multiples (which means usually turnaround plays or undiscovered sector). I will be scavenging for more buys in the High-Tech VALUE sector (which will be less of an oxymoron as the good comanies will be punished along with the flakes in the next few months!). Apology accepted and same to you Uncle Frank - anything I said that appeared to be personal was not intended but probably human nature's inability to control ourself at all times!