SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: brownu88 who wrote (34392)4/26/2000 8:31:00 AM
From: bambs  Respond to of 77400
 
Fund managers have had no choice in the past few years. People pump money in to "Internet Funds", "Tech Growth Funds", and the like. What the hell are they supposed to do with the money? They have to buy something! I would bet that if you talked privately with fund managers you will find that they have felt very uncomfortable buying in the last year...but they have to go with the trend or they don't get the cash next year. When the funds that are in Internet and Tech Growth are making huge returns people complain to their money managers...why didn't you put me in tech?

It's best to invest in growth stocks not growth companies. I doubt CSCO's stock will be a growth stock for much longer. We all know that CSCO will be a growth company for years to come. By the way, GE will have some pain too...7% growth P/E of 48 it's days are numbered.

After the first drop in 1929 it took 2 years to deflate the bubble. You never know, could take that long this time....people really love their Internet and Tech. stocks.

Bambs