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


To: Luigi Gandolfo who wrote (15260)7/22/1998 9:01:00 PM
From: Ibexx  Read Replies (1) | Respond to of 77400
 
Take a look at my profile to see the gorilla stocks that I own since last September.

My portfolio has been up more than 50% (including options trading) since that time.

Ibexx



To: Luigi Gandolfo who wrote (15260)7/23/1998 12:32:00 AM
From: Mir  Read Replies (1) | Respond to of 77400
 
Market correction ???

Luigi
Do you mean that DJ will remain around 9000 and then
head south or go up to 10000 and then correct itself
back to 9500?

I cannot predict precisely but I would guess DJ 9500
is attainable by 98'end. LU and CSCO would split and head
way up north then correct a little doesn't seem far
fetched either.

Since last one year, according to Mr.Fed, market was
'Irrationally Exuberated.' Fed testimony and correction
in gorillas like CA and HWP point to 'Rational Ex...'
setting in. Stock prices are starting to reflect the
Asian effect. Telco vendors like NT, ERICY, ALA (all
have heavy exposure to Asia) seem to have fared rather
well. LU because of its limited exposure and and CSCO
due to the lean/mean structure and aggressive nature
will do much better than others.

Internet stocks are another story i.e. Asian flu has
had opposite affect on these stock prices!!!

Japan will be back to its glory days once Obuchi takes
charge. Then you can have your correction as interest
rates will go up by .5% and steam will be let out of
the economic bubble. But by that time I would expect
the owners of LU and CSCO on the way to their early
retirements.

Mir



To: Luigi Gandolfo who wrote (15260)7/23/1998 1:42:00 PM
From: JF Quinnelly  Read Replies (2) | Respond to of 77400
 
Cisco fell 40% in the first quarter of '97, and that was in the midst of a bull market. Counting on CSCO to fall only 10% in a broad market correction is very optimistic.