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

To: Dennis who wrote (19462)	11/21/1998 12:36:00 PM
From: Scott Kessler	Read Replies (1) \| Respond to of 77400

Been a CSCO s/h since 1994 & have seen the co. continue to defy the skeptics. I'm an avid follower of networking & telecom equip. stocks, & found this past wk.'s action quite interesting. The networkers did quite well w/ big boys CSCO & ASND closing @ highs & INTC shopping spree rumors lifting FORE, NN, etc. & CIEN closing strongly. However, the telecom equip. stocks were somewhat flat in a strong tech sector. Believe LU & TLAB were actually down (don't quote me) & rumors are circulating that LU may preannounce its Q4. Based upon this info & some recent networking wins (ASND in China), could it be that the networkers are starting to make some serious in-roads into the land of telecom, while the telecom guys are failing to make successful pushes into networking? Jim Jubak of moneycentral.com recently did a piece on CSCO which speaks to this. I own TLAB & believe it will continue to move higher b/c of its attractive valuation & stable of new products, but perhaps the networking/telecom equip. divergence is signaling something. Golly, even MOT had a strong wk. Is this wireline weakness for real or just a product of LU rumors? Hmmm... I'm not adding to my TLAB position just yet, b/c I'm downright cautious.

To: Dennis who wrote (19462)	11/21/1998 12:46:00 PM
From: The Phoenix	Read Replies (1) \| Respond to of 77400

Heck...I don't know!!! I suppose there's got to be another pull back..but when. If it were me I'd buy 10% of what I was going to invest on Monday. Hold for a pull back to high 60's...then let go antoher 40%. Then at least you're in the door and still have cash if there's a pull back to the 50's. In the end your guess is as good as mine. I keep buying along the way OG

To: Dennis who wrote (19462)	11/21/1998 5:08:00 PM
From: Jean M. Gauthier	Read Replies (1) \| Respond to of 77400

Did the same thing in '97. NEVER caught up to it again, until last month, missing the mid-97 to mid-98 run. Do not sell like the day-traders.. keep gorilla stocks and you'll be happy you do. I know a guy, Paul Engel, who has his adjusted cost base of his intel shares at .... .... ... $ 1.11 The stock is now 112 $.. You do the math. Play the market, a fool's game I've learned my lesson, and both Intel and Sun have made me very happy as of yet in the last 2 months ONLY... Take care Jean

To: Dennis who wrote (19462)	11/21/1998 7:16:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 77400

>what would be a good entry point after this nice run up you all have enjoyed... Dennis, I've faced your situation several times over the past 3 years - that is, taken profits only to see the stock I sold have a huge run up. My solution, in the case of msft and intc, was to bite the bullet and buy in again. In the words of Tulvio Durand on the Dell thread, "Buy low, sell high" is a myth because one does not know where low is. Buy high, sell higher is what really works. If you're a long term investor, the entry point is not as important as you might think; 2 years from now after a couple of splits, csco will look like it was a bargain at 74. JMHO, Frank