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


To: Gemini who wrote (17878)10/7/1998 3:49:00 AM
From: Bong Lewis  Respond to of 77400
 
CISCO problem is overvalue, not loosing market shares. However, CISCO shares are still stable than LU and NT. Though, its PE still
high, people, especially mutual fund investors still bet on CISCO based on its strong management and leadership. I also bet on CISCO
by buying some at 47 today. 3coms beat street 4c but still down.
I would rather pay a higher price for a well run company (CISCO) than
a mediocre company. Let see which stock will outperform the market
when things are settle down. I think most likely will be the leaders
like CISCO, DELL, etc.