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

To: JRH who wrote (12253)	2/4/1998 11:07:00 PM
From: TheInvestor	Read Replies (1) \| Respond to of 77400

JRH when the stock was trading around 55 you guys said it was going to 40, now its at 64. Where are all the burnt shorters now, as I have warned them. I don't think its going to 57 any time soon. It will probably be at 70 before it will be at 57. So, if you are long hold on to your shares, there is going to be an interesting ride up coming. I am long and would like to buy more at 57, but I don't think I will have the chance anytime soon. By the way congradulations to all CSCO investors. Co earnings was fabulous. TI

To: JRH who wrote (12253)	2/4/1998 11:24:00 PM
From: ncs	Respond to of 77400

"It seems to me that I can significantly leverage CSCO's expected long term return by selling if the stock gets ahead of itself, as it is now, and getting back in with about 15% more shares after a pullback to say 57. Smart or too greedy? Comments appreciated." Kinda depends upon your basis. Selling now in hopes of buying back for about a 10% gain doesn't look like it worth the risk when considering tax ramifications...of course, I don't know what your tax situation looks like, but I wouldn't do it. Although I'd like to see it back down in the mid 50's so I can buy more. Good Luck Neil