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

To: Gerald Walls who wrote (18149)	10/12/1998 11:54:00 PM
From: jach	Read Replies (1) \| Respond to of 77399

short term buy at 57 was still OK because there was a rate cut, and therefore when it hit around 56-57 it was a good buy; if rate cut was not there would not be buying at 56. What happened was the investigation combined with the really bad mkt scenario made it drop suddenly because of panic selling; see that as buying opp; and if one did buy averaging in as was posted before it should be doing pretty good now. As for mkt going up, the trend is right and the timing is just a day or two off. Nasdaq did went up more than 50 last two trading days and the mkt did not even come down much.