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


To: Olu Emuleomo who wrote (10767)12/12/1997 12:56:00 PM
From: Guy  Respond to of 77399
 
I really cant see CSCO falling to $60. CSCO should bottom out in the low 70's. Any close below $70 is a serious SELL signal IMHO.

--Olu E.


Olu, I think that depends if the sell off is based on facts or irrational fears. If drops below $70, I see it as a buying signal, with only todays news. Of course one thing I gave up on trying to ever do, was time the market.

All I know is this:

1) The Internet Revolution is just begone and CSCO plans on growing with it as it grows.

2) Revolutions don't come around too often, and its even more rare when one can see a Co. so well entrenched and aware of this as CSCO.

3) This Revolution will mean major, major change. As the Internet grows in ways we can't imagine 5-10-20 years from now, with every user hogging Terabytes of bandwidth,CSCO investers will be rewarded.

4) John Chambers keynote at Comdex was all about the Revolution, the man truly has vision, and I feel secure knowing he is running the CO. with such passion and understanding.

5) I can't time the market well at all but, this internet thing is easy, it is going to happen, and CSCO is one of the most likely to profit IMHO.

Guy



To: Olu Emuleomo who wrote (10767)12/12/1997 1:38:00 PM
From: Eric  Respond to of 77399
 
Olu

I can't either but it can happen. It has happened in the past and creates trading opportunities or an entry point to go long.

The one thing we can all count on is CHANGE.

What does this CHANGE mean to us now?

regards

Eric