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


To: Stock Farmer who wrote (55795)10/4/2001 2:04:17 PM
From: RetiredNow  Read Replies (3) | Respond to of 77400
 
Yeah, actually at $15, I think it's too rich as well. I'd be willing to buy below $13 again, but I'm still nervous about October. I nibbled awhile back in the twelves and will wait until October is over to re-establish my long position, hopefully below $13, but I'm not sure that's likely.



To: Stock Farmer who wrote (55795)10/4/2001 9:21:46 PM
From: Victor Lazlo  Respond to of 77400
 
<<I personally don't see $0.02 >>

yup, unless interest rates suddenly went way up that is. CSCO's earnings are coming mostly from the interest on their cash.



To: Stock Farmer who wrote (55795)10/5/2001 9:48:17 AM
From: larry  Read Replies (1) | Respond to of 77400
 
Hi John,

What's your opinion on GLW and SUNW? These two stocks are on my radar screen to establish long term long positions at around $7.5 or lower. I know that both companies are having tremendous problems right now, but I do see that there is a decent chance that they will double their share price within 3-5 years.

I will buy 20k shares of CSCO if it dips to my target price of 8 (assuming no fundamental changes in their business). Probably will begin to nibble a bit at around 10. Otherwise, I see better opportunities elsewhere.

thanks,
larry