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


To: polarisnh who wrote (45053)12/19/2000 10:30:15 PM
From: Eric  Read Replies (1) | Respond to of 77399
 
Steve

You are correct.

You can bank on that.

Eric



To: polarisnh who wrote (45053)12/19/2000 10:51:38 PM
From: Monty Lenard  Read Replies (1) | Respond to of 77399
 
I feel that in many cases the prices today are way too low.

Gotta say SOME may be getting faily valued but not too low. The thing to remember is that they will go much lower than you will ever believe in this type market. The small guys have not started selling yet and they will.

Most of the big techs are just now back to 99 prices.

Tell you what ... I will be able to buy csco at 37 1/2 to 5/8. But I will also tell you that you have to do what you have to do. This bottom will give one plenty of time in my opinion.

Now as to Fidelity. Their redemptions have been huge lately. You may see many of their funds close up shop and a good many of their gurus lose their jobs. But that is just how I see it.

Now I don't think the world is coming to an end but I do think the spanking is not over so I am not buying here. I will speculate here but not buy to hold...at least not on tech stocks.

Monty