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

To: Ed Robichaud who wrote (15548)	8/2/1998 7:09:00 AM
From: flickerful	Respond to of 77400

in the wake of friday's retreat across the board... one may take solace in articles such as this... investor.msn.com (apologies if posted already, but a revisit may be warranted) or simply prepare for a deeper sell-off. cisco, in any event, remains among the exalted safe havens. any thoughts on how the market climate may or may not impact price as earnings approach? (looking for an entry...) thanks in advance, randy

To: Ed Robichaud who wrote (15548)	8/2/1998 1:50:00 PM
From: Joe Sabatini	Read Replies (3) \| Respond to of 77400

The truth is, nobody can say for sure where the DOW will be in 1 1/2 years, or even next month for that matter. What we do know is that the flow of monies into retirement accounts will continue unabated. This is pretty much the only 'certainty', IMO. We do not know what MM's will do with new cash flows, we do not know how the Japan situation will play out, we do not know what the full impact of Y2K will be, we do not know if the Fed will have to raise rates, we do now know if there will be an impeachment, we do not know if new arms races will escalate into war, etc. Off this topic: does anyone happen to know what Standard and Poors says is the fair value of Cisco? Joe S.

To: Ed Robichaud who wrote (15548)	8/2/1998 11:25:00 PM
From: Gerald Walls	Read Replies (1) \| Respond to of 77400

DOW 6000 by 2000?????? This is absurd! For the market to move (crash) to 6000 all-out anarchy will occur first. To hit 6000 would mean the entire world will collapse. While unlikely, this is not outside the drop of a normal bear market. A drop to 6200 is only about 33% from the peak. In October 1987 the Dow dropped what? 20% in one day? That was 500 points out of 2500. I believe the week before it was down over 100. I don't remember any anarchy then.