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

To: Soumya De who wrote (20707)	1/13/1999 11:36:00 AM
From: Eric	Respond to of 77397

Soumya I agree with your observation on mergers. That's why Cisco has succeeded so well with theirs. Both Cisco and Lucent will take the lions share of the market going forward. I was thinking the same thing about Ascend's employees, it's just too attractive for Cisco. Lucent paid a lot for Ascend's technology. Time will tell. Story on merger: cbs.marketwatch.com Eric

To: Soumya De who wrote (20707)	1/13/1999 11:43:00 AM
From: Dr. Id	Read Replies (2) \| Respond to of 77397

Agree with all of your points about the merger. Also, even if the LU/ASND merger is successful, it may take quite a while for LU to consolidate ASND and move forward. In the meanwhile, CSCO will be operating on all cylinders. I hold a fair amount of CPQ, and it was a LONG year of waiting for CPQ to integrate DEC before the stock started moving up again, while DELL continued to fly... JB

To: Soumya De who wrote (20707)	1/13/1999 1:23:00 PM
From: Claude	Respond to of 77397

That's my take on it too but time will tell. LU was talking up big time about acquiring smaller fish and building in-house and not needing to swallow somebody big which would be risky. Either it was a smokescreen because everyone was anticipating the merger or they've realized its too late to acquire a la CISCO (small bites) and have gotten desperate. LU will be a force to reckon with if they pull this off but that's yet to be seen. Mergers are a b&^%&! Claude (rhymes with TOAD)

To: Soumya De who wrote (20707)	1/13/1999 3:12:00 PM
From: Gerald Walls	Respond to of 77397

Full disclosure: I own both CSCO and LU!! After all, as much as I believe my arguments, I still want to hedge my bets. This is huge industry and I can't see only one winner!! I agree. That's why I bought 50 LU at 99 (Give me a break. I work for a living and I'd prefer not to use margin right now.) to go along with my 300 CSCO that I've owned for a while.

To: Soumya De who wrote (20707)	1/15/1999 1:32:00 AM
From: Otto Plath	Respond to of 77397

I agree with Soumya. Expect long term, dramatic growth of CSCO valuation- short term, however, consider that since '98 sales were @40% foreign, expect fluctuation along with gyrating market conditions. For big picture, get a free transcript of Abby Joseph Cohen's interview with Louis Rukeyser conducted on evening of 1/8/99 in which she states that technology is still one of her favorite sectors and read her specific large and midcap pics for '99. For free transcript go to futurebluechip.com (This is NOT a pump and dump site, reputable though relatively new- since Aug. '98) As of Jan. 14th, Of the 30 major Zack's analysts, 17 rate CSCO a strong buy, 13 a buy- and the concensus "buy" opinion has strengthened this week from a concensus 1.5 to 1.4 (1.0 being a perfect, strong buy)- so perhaps Soumya the LU merger hasn't frightened the CSCO supporting analysts- or the mutual fund managers: As of Oct. 28th, '98 CSCO was owned by 298 major mutual funds- rendering it the most popularly held equity in US mutuals, besting even MSFT, which was number two at that time. -Otto Plath J.D.