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

To: Uncle Frank who wrote (14786)	6/26/1998 4:29:00 PM
From: Joe Griffin	Read Replies (1) \| Respond to of 77400

Uncle Frank: Any time is a good time to buy CSCO if you are a long term investor as you say. It has gone straight up (with a few bumps) over the last several years. Also, expect it to split again in the near future! See techstocks.com

To: Uncle Frank who wrote (14786)	6/26/1998 9:03:00 PM
From: RetiredNow	Respond to of 77400

Hey Uncle, I've been having the same problem. I bought some over a year ago and now I'm sitting on a 100% return. I've been trying to buy since the beginning of this year but there has been no substantial pull-back. As far as the PE goes, I went back and pulled all the one-time charges for acquisitions from the numbers and it turns out that the PE is only a little over 50. That's not so bad considering the consistent returns Cisco has had over the last 8 years (only missed one quarter earnings estimate) and the extremely bright prospects for this company (revenues will most likely triple within 2-3 years). QED Go ahead and buy. If it actually goes down then the market has done you a favor because you will be converted into a long term shareholder. You will double your money in 2 years. Almost guaranteed. Cisco is one of the few no-brainer stocks out there - a must have for every portfolio. Of course, this is all just my opinion.

To: Uncle Frank who wrote (14786)	6/26/1998 10:57:00 PM
From: Helios	Read Replies (2) \| Respond to of 77400

For a buy in point, you could wait for a pullback that may never come. If you want to get in for a couple of bucks lower there may be some profit taking ahead of the long weekend. If CSCO does announce a purchase of TLAB as people have been speculating I expect the stock will drop temporarily. Personally I think the biggest risk is in waiting.

To: Uncle Frank who wrote (14786)	6/27/1998 10:34:00 AM
From: Zoltan!	Read Replies (2) \| Respond to of 77400

June 26, 1998 DUELING PORTFOLIOS HOWARD SCHACHTER'S GROWTH PORTFOLIO Howard A. Schachter: Schachter Capital Management I'M BUYING Cisco (CSCO) this week at 89 3/16. I should have bought this stock a long time ago and I'll be the first to concede that it is not cheap by any valuation yardstick. But its growth prospects are simply tremendous. You're going to see an acceleration of mergers in the cable industry, as phone companies look for ways to make sure they get in on the action involving the Internet. This will accelerate the already voracious demand for networking infrastructure. Cisco is dominant in terms of its data-networking product line, and now it is getting into voice-networking products. smartmoney.com smartmoney.com