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


To: chic_hearne who wrote (49395)2/26/2001 6:09:11 PM
From: Paul Shread  Respond to of 77399
 
I'm 50% back in in terms of cash (but with more shares than I sold, obviously). I think CSCO looks terrific here, but must confess I've become a bit of a coward after six months of relentless selling. ;-) I have absolute downside on CSCO of about 21 1/2, or 30 times FY 7/01 estimates. 25 is both a technical and fundamental support, however, so it may prove tough to break.