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


To: RetiredNow who wrote (15342)7/25/1998 11:52:00 PM
From: Paul A  Read Replies (1) | Respond to of 77400
 
I really dont think CSCO is all that pricey when compared to what else has posted similar gains over the last few months. We should take out a new high this week unless the market continues to head South but in my opinion CSCO just took a breather and will continue to see investors money as people look for safety.

Cant get much safer than CSCO.



To: RetiredNow who wrote (15342)7/26/1998 8:57:00 AM
From: Dennis  Read Replies (2) | Respond to of 77400
 
If you add at 5 dollar increments then what do you see as a bottom IF what you said about it being overvalued at this point.

Fair Value at Vectorvest has it at 61 !!!. S &P report has it at 89 fair value.



To: RetiredNow who wrote (15342)7/26/1998 11:06:00 AM
From: Jake0302  Read Replies (1) | Respond to of 77400
 
mindmeld wrote "I increased my position @ $95. I will keep adding as it slides down at each $5 decrement. Hopefully, it doesn't slide further. But Cisco has been a little pricey in my opinion and is due for a correction. That doesn't mean sell, fellow longs. It means whip out the cash to buy more."

And that, my friends, is why the market will go up, despite the weak fundamentals. Individuals putting in cash. Mutual fund managers putting in cash. Rich people from everywhere in the world putting in cash. Buy when a stock goes up... and when it goes down.