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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Zoltan! who wrote (9796)	11/7/1997 5:36:00 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 45548

Buy CSCO (and all quality stocks) when: 1. The market is down. 2. Techs are out of favor 3. Analysts have downgraded and cut earnings estimates. 4. Everyone is uncertain what will happen tomorrow 5. an external shock that doesn't change the fundamentals scares everyone 6. there is speculation that a powerfull new competitor will enter the industry (Lucent, Intel, etc.) 7. there are product transitions 8. the stock is at the low end of its PE range. For CSCO, this is 25-30. 9. the stock is at a PE below its long-term EPS growth rate. 10. The mood on the SI thread is at a low point, and the chronic shorters/pessimists/bears are the only ones happy. You have to be patient. Companies that are the best in the world at what they do, and dominate rapidly growing industries, aren't usually available at good prices. The last time for CSCO was April 1997, and the next time may not be for a year or two. Now is the exact wrong time to buy Cisco. New money should go into Intel, or AMAT, or BSX today. Posted the above on the Cisco thread---got no response. Anyone here like to comment? If you'd prefer I didn't post here, just tell me and I'll go away.