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


To: Jean M. Gauthier who wrote (16457)8/28/1998 4:02:00 PM
From: Timothy Liu  Respond to of 77400
 
Look at MRVC and be happy. A couple of years from now you won't remember this 4%.

Tim



To: Jean M. Gauthier who wrote (16457)8/28/1998 4:23:00 PM
From: LindyBill  Read Replies (1) | Respond to of 77400
 
What the hell is wrong with Cisco.
Hey, Jean, Dell is down 4 3/4, AOL is down 8 1/8, LU 2 1/8, MSFT, 2 3/8, the big caps are taking a beating. If you want to dance with the "big dogs", you have to be prepared to pay the price!



To: Jean M. Gauthier who wrote (16457)8/29/1998 10:07:00 AM
From: Paul A  Respond to of 77400
 
wow.. CSCO was down today- better call the company and scream at them!

please... CSCO has held up incredibly well thru this mess and im hardly in a position to complain. Hell, even DELL the mighty one took a hit.

Boy- large cap investors are really in for a shock if they see a correction the likes of what the small caps have seen. You will probably kill yourself no doubt!



To: Jean M. Gauthier who wrote (16457)8/29/1998 11:34:00 AM
From: mauser96  Read Replies (1) | Respond to of 77400
 
When you see big cap growth stocks like CSCO start to fall in a situation like this, it is a sign that institutions are starting to raise cash. This is especially true of mutual funds who may need cash soon to meet redemptions. The institutions are forced to sell their liquid big cap winners.This helps to tie down quarterly or yearly profits, and these big caps are the only ones that are liquid enough to sell without driving the price down too much.
Don't worry, the same stocks will be the first ones they start to buy back when the bear stops growling. It's times like this that show the value of having a cash reserve. IMHO, this is a cyclical bear market (long overdue), inside a continuing secular bull market. This correction is at least halfway over.
Did you expect the bull to have it's way forever? Bear markets are necessary to control the excesses of bull markets. The Russian problems were a catalyst for something that was overdue and would have happened soon anyway. Personally I'm glad to see it, since it provides bargains. Think of it a a summer White Sale.
good investing