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

To: Eric who wrote (13215)	4/7/1998 9:00:00 PM
From: Jeff James	Read Replies (1) \| Respond to of 77397

No argument from me on the strength of Cisco lately - personally I'm really looking forward to May 5th. It was just very surprising to me when virtually all the techs were pretty well battered, and NASDAQ really only recovered about 20% of its worst loss that Cisco would shed all of its days losses in 1/2 an hour. Mutual Fund interest would make sense, but I would see that as more of a gradual increase as opposed to the 35-minute rally at the end of the day. The way the price acted Tuesday afternoon struck me as more of computer based buy back. In fact, the more I look at the chart, at noon it fell to 67 11/32, and then immediately shot back up to almost 68. It then dawdled back down under 67 1/2 before rocketing all the way back to 69. with the different levels of support, I'm still mystified what would have driven it that strongly without some type of news. Oh well, like I said - I'm not arguing! It's nice to have something not showing red today. - Jeff

To: Eric who wrote (13215)	4/7/1998 9:42:00 PM
From: Gold Beach	Respond to of 77397

Eric: I read this post before I looked to see who wrote it. I surmised that you wrote it and lo and behold you did. I agree with the 'quality' of Cisco and therefore the elevated P/E. Don