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

To: Peter Greenhill who wrote (20576)	1/10/1999 12:48:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 77397

Hi Peter, Thanks for your confidence in seeking my investment opinion. However, It'd be difficult to offer meaning suggestions without knowing the rest of your portfolio and the business profile of Pacific Internet. There is absolutely nothing wrong with taking profit with your winners, but you could also consider writing calls against your CSCO shares with the intention of (a) getting more for your shares than the current bidding level; or, (b) keeping the rich premium ($10 1/2)if the shares are not called. The July 110c are going for $17. With regards to PI, is it an internet portal, search engine company or is it involved in e-commerce? The internet game, IMO, has evolved like this: Stage I: browser game--NSCP $ MSFT. Major themes have been played out. Stage II; portal game--internet access--becoming commodity in nature Stage III: e-commerce game--getting highly competitive AOL's recent acquisition of NSCP seems to represent an aggressive attempt to change from Stage II to III. The merit of an "internet company", IMO, should be evaluated in this large context. Regards, Ibexx

To: Peter Greenhill who wrote (20576)	1/10/1999 2:06:00 PM
From: LindyBill	Respond to of 77397

I am considering selling some of my holding to buy Pacific Internet Peter, I am staying with the "Gorilla's". I am really tempted to play the Internet game with the hot "Tulips", but we are so overheated in this area, IMO, that I am even thinking about getting out of AOL totally. It has been my best moneymaker the last 12 months. I took my stake out a couple of weeks ago, and am letting the profits ride. But, when this mania goes down, and it will, the stop loss orders on the books with the MM will really make AOL and the rest really go down fast. Maybe you can make a lot of bucks with the IPO, and other small caps, but it is not for me, not now.

To: Peter Greenhill who wrote (20576)	1/10/1999 5:13:00 PM
From: Eric	Respond to of 77397

Peter I face pretty much the same dilemma as you do. I'm up as of today 1730% from my purchases in 1993-94. I had traded the stock before then and made some pretty good money short term. But after the stock had gotten away from me on one trade I finally wised up and took the long position in the stock when it finally dawned on me just how Cisco was commanding the Internet hardware and software infrastructure. To say that I'm happy that I found Cisco is an understatement! Am I in love with the stock, yes. Does that violate my rules for investing, yes! Every week I re-analize Cisco's competitive position and in the last year have become more bullish on them vs LU,COMS,NT, ASND and a few others. Cisco's dominance of market share is simply awesome! As long as they continue to execute well I will stay long. Obviously we are a little bit extended here but we are still in a bull market. IMHO even if the market tanks (Cisco will go down!) this stock still has a very compelling story going forward. I have looked at thousands of stocks over the years and none has performed better for me. If you find a good winner let it ride unless the story changes. All that being said it won't last forever. However looking forward for 5 to 10 years I feel very comfortable that Cisco will continue to lead. As I have said many times in the past. If you need to use the money in the next 6 months sell, if you don't just enjoy the ride! JMHO of course. Eric