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

To: Greg Jung who wrote (10241)	11/4/1997 11:36:00 PM
From: pass pass	Read Replies (2) \| Respond to of 77400

Almost every large cap went down after positive earning report: MSFT, INTC, ORCL, NT, LU, AMAT, etc., would you buy at 86? The math is simple: 0.59*4=2.4/year (approx.), 30% growth in sales, 26% in EPS, fair value in a stable market is 65 (approx.). But CSCO is almost the perfect #1 among the network companies, so I'd agree 70 is a good entry.

To: Greg Jung who wrote (10241)	11/5/1997 12:01:00 AM
From: Gerald Walls	Respond to of 77400

Seriously though, 70 was a good entry price. Did anybody buy at 85? raise their hand. I bought some at 70. Then I bought more at 57. Then I swallowed hard in the mid-40s and held on.

To: Greg Jung who wrote (10241)	11/5/1997 8:57:00 AM
From: Tom Klempay	Respond to of 77400

Did anybody buy at 85? raise their hand. Not me, but it looks like someone's doing some buying at 86+ this morning. The pre-market bid is at 86 1/8. -tk

To: Greg Jung who wrote (10241)	11/5/1997 8:17:00 PM
From: TonyE	Read Replies (3) \| Respond to of 77400

Did anybody buy at 85? raise their hand. Nope.... I tried to buy last monday but the market was moving waaaay to fast. But, 70 is a pretty entry point. Last shares I bought were about a month ago or so at 71. Not to be a contrarian on the idea of buying at a peak, I've usually bought when the on the way up anyhow, but right now I'm kinda of wishing the stock would drop back in the mid 70s to buy some more. Fat chance I fear. If the market holds up more money should flow into "Cisco In Whom We Trust Our IP/ng". The curious thing is that Cisco showed pretty good strength in switching sales, no? Does that mean that they are indeed beginning to make significant cash away from routing? BTW: Thanks for the info on the alternatives to the 2500. My neighbor has one for his T1 and I kind of like it. But, you're all right, there are cheaper alternatives. Thanks And... how about all the movement towards cable modems using USBs to connect to a PC? Didn't Cisco sign stuff with Intel and Sony? How does that affect Cisco? Are they moving towards retail or just creating market demand for their connectivity products? Tony