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

To: The Phoenix who wrote (35818)	5/19/2000 10:33:00 AM
From: Bill	Read Replies (1) \| Respond to of 77397

Well, we can't fight reality. If there are no buyers, there are no buyers. But the current CSCO multiples are rational, indicating a sure return to at least these levels after the bear blows off some steam.

To: The Phoenix who wrote (35818)	5/19/2000 10:33:00 AM
From: The Phoenix	Respond to of 77397

I guess I should mention that when the bulls start turning bearish... that's usually the sign of a bottom. I hope :) OG

To: The Phoenix who wrote (35818)	5/19/2000 10:40:00 AM
From: Howard Feinstein	Respond to of 77397

Gary, for the longs, of which I am one, this is a toughie, but this is way past Cisco related! I believe we are in a Bear market, and with possible further interest rate increase I'd say things look bleak, to say the least. I sold some shares of Cisco yesterday that virtually amount to my cost in the stock, so everything I have now is all profit, but doesn't feel any better watching it slide! We're in a tough spot here, and believe me, if Recession hits, which it very well could, neither Longs nor Shorts will profit! Not a very pretty picture here! Howie