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

To: Gabriel008 who wrote (40265)	9/29/2000 6:49:56 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Hey Angel, QCOM's up from the low $50's. Next year and the year after will be the years QCOM makes us all happy. So hold tight!

To: Gabriel008 who wrote (40265)	9/29/2000 7:43:34 PM
From: bambs	Read Replies (2) \| Respond to of 77400

In all sincerity, good luck with your investments. It would be great to get the nasdaq back up to 4200 in the next few months. The trading would be great. I feel that we will be testing 3500 and go through next month. October will bring a test of 3000 in my opinion. I'm sure you believe in your tech. companies but I think there will be a general down draft in the market. AAPL now has a p/e of 13 and I think that with stocks like IBM and INTC still with high multiples things don't look good. I think the investing public will fear high p/e stocks for the next few months. NT, CSCO, JNPR, JDSU, CIEN, GLW and the like will have a hard time going up much in this climate. Of coarse, this is just my very humble opinion. I was really surprised to see AAPL lose 51% today. P/E 13 !!!! IBM P/E around 30....hmmm! 1 for 2 coming there over the next year. If IBM goes to 60 that's around 360 points in the dow right there. I think we are in for a bad few months in the market. Christmas buying better will have trouble competing with last year in tech. Y2K spending was huge...massive gains in the market last year lead to lot's of presents for everyone. I doubt the year over year comparison will look good for tech. Bambs