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


To: Diwaana who wrote (12922)3/14/1998 3:07:00 AM
From: JRH  Read Replies (2) | Respond to of 77400
 
Diwaana:
People I know have been saying the same thing for the last two years on this stock. If you are going to be in it for the long run, I would think that it is a good purchase because what will 20 points be in a few years?? That was my philosophy when I bought in @ 83 1/2 in January. But, if you think that the market is due to correct in the near future, this is one of those stocks that would take a beating. But, just about all of the techstocks are in a similar position right now. Personally, I am a bit worried about the market's overall outrageous level. I am hoping for a correction within the next few months so that I can purchase some more of my favorite networking stocks!! Take care....

Long CSCO and hedged with LU,
JRH