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

To: Jeff Sutton who wrote (10871)	12/14/1997 3:05:00 PM
From: Ted McDonald	Respond to of 77400

CSCO, with a relatively high PE, and one of the few tech stocks that until the last couple days resisted this latest correction, is a powerful, well managed company. But market makers and "spin doctors" can make any stock move in the direction of least resistance, at least in the short term. A lot of investors, probably mutual funds too, have decided to "lock in" their profits. Short term is anybody's guess, depending mostly on overall market conditions. Long term CSCO is still the place to be. They have not finished building the Internet yet! Ted.