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


To: RetiredNow who wrote (55573)9/22/2001 12:48:58 AM
From: Eric  Read Replies (2) | Respond to of 77400
 
Well my friend I think Cisco's a steal here but I'm expecting a little bit more pain.

Actually I am going to add some Cisco to the pot at $11.75 or lower plus a bunch of semi's and some biotechs.

I think we are really close to the bottom and when it turns, Cisco in particular will move 3 to 4 pts in one day.

The only risk at this point is a little more decline but I really don't think it will be much. The vast majority of the bad news is out now on the economy so buying here is not very risky considering how far we have come.

I'm patient.

What do you think John?

Eric