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

To: Paul A who wrote (15531)	8/1/1998 2:06:00 AM
From: SouthFloridaGuy	Read Replies (4) \| Respond to of 77400

<<Their market is in its infancy my friend and thats why we are very VERY over priced. Its worth the premium. >> Warren Buffet and Peter Lynch would shoot you for saying that. So tell me, how big can this industry be? Give me a number. How big is it now? Give me a number. Anyway, I'm not a dummy. I realize that liquidity fuels stocks. My point is that it's over. The economic boom has reached its peek and the market is headed for a bear cycle. Will it be a long term decline. But it's like you guys expect to make 50 or even 30% a year from your stocks. IT'S NOT REALISTIC. Use your common sense. If indeed the economy slows, inflows will stop. The rotation, if any will go to the tried and trusted names: Proctor and Gamble, Safeway, Coca Cola, etc...and NOT 100X PE stocks like Cisco. Dow 6000 by the year 2000.