Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: t2 who wrote (65930)	8/6/2004 6:18:00 PM
From: Amy J	Read Replies (1) \| Respond to of 77400

t2, been buying CSCO during this downturn, through income & premiums generated by writing cc's (while retaining all other stock positions.) Long-term Cisco is at the forefront of a rather large change in global corporate communications. That's where my bet is. Will probably look into purchasing more in this dip. Have increased my position over the past few years. Their biggest risk is China's IP theft, I think. Short-term who is to say? Nasty out there according to this: schwab.com Extremely Weak Employment Report The much anticipated labor report greatly disappointed investors today as non-farm payrolls (see chart) in July rose by just 32,000 versus an expected rise of 240,000 jobs per Bloomberg. Also, last month's figure was revised downward to an increase of 78,000 positions from the initial report of a 112,000 rise. The Regards, Amy J