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

To: JRH who wrote (18259)	10/17/1998 8:30:00 PM
From: jach	Read Replies (1) \| Respond to of 77397

IMO, why take some risk knowing that there is a possibility and a pretty good one that csco may say something in their next qtr release. From recent activities, mkt pounded the stocks that indicated even a small hint of negativity towards future qtrs. IMO, better side line and can always come back in after the qtr report. Historically csco typically did not move much right after earnings and in most cases tend to come down a little right after eanring report. IMO, some conversions to go into in the mean time will be defensive stocks and stocks that have very small chance of going down more. Two stocks that one can swicth into: they are SWY (SafeWay) and PERI (Periphonics). It's up to one to decide what to do, if one wants to hold on that's their decision. SWY: will benefit from lower energy prices (gasoline) and world-wide price declines on all types of food. Most of asia and Latin Ameraica are not buying much at all and the prices have been coming down in a big way. For example, lobsters import to asia has dropped 70%, apples import about the same and so on. SWY is a good defensive stock that will maintain the price, IMO. Typically prices stay the same to consumers but their wholesale buying prices are lower than before and thus more profit. PERI: will benefit from all these reduced work forces and the corporate move to automation. PERI is the premier supplier of automated call processing, phone ordeing and voice based transaction processing. For example, Charles Schwab Telebroker uses PERI system. UPS uses PERI system and many many more including many large telecom, goverment and state agencies. PERI has good earnings, no debt,book value is almost the same as stock price and the downside risk at this price is pretty much none.