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

To: Tarzan who wrote (54076)	7/18/2001 3:14:56 PM
From: Ed Forrest	Read Replies (2) \| Respond to of 77400

Time to buy this stock yet? Tarzan Of late I’ve found the entry point of 17 very profitable. For the LTB&H buyer it may be 4-5 months to early. Individual decision. Cheers

To: Tarzan who wrote (54076)	7/18/2001 4:21:12 PM
From: MHA	Respond to of 77400

Big ones upside.com "But Ned Riley, chief investment strategist at State Street Global Street, still sees some good in tech -- and he sees it right at the top. Appearing on a CNBC stock-picks segment on Monday morning, Riley chose four tech stalwarts -- Dell (DELL), Intel (INTC), Cisco (CSCO) and Nokia (NOK) as his recommendations. "They're the big ones for a number of reasons," Riley told UpsideToday. "All four of them, with declines of more than 75 percent from their highs, have paid the price for their rather miserable outlook." Deferred gratification What's interesting about Riley's stock picks -- and he doesn't mean them to be exclusive; he's keen on diversification -- is that they don't hinge on profits picking up this year or next year, but merely on being worth more -- probably considerably more -- in a few year's time. Of course that's tough luck for people who bought Cisco at $83 a share -- Riley doesn't think it will get that high again soon enough to make contemplating it worthwhile. But if acquired now, he sees Cisco -- and Dell, Intel and Nokia -- as good incremental-growth assets. He's talking about investment, in other words, an odd concept for people more accustomed to the fast-buck, momentum-driven style of trading that's been prevalent over the past few years." PS: For LT investment I will wait this aug 7 before I jump, no hurry !!!