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

To: Zoltan! who wrote (21352)	1/29/1999 10:44:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 77400

Thanks for the Economist piece. I got a big laugh out of it. To me they miss the fundamental points. Of course many of these companies are over valued and many will not be around in ten years but for wise investors this is not a barrier to investing it is an opportunity. The big guys and the big magazines don't like the internet because they can not control it, stocks in this sector are not "acting like respectable established companies like say British Steel and Kellogs". It is in the Inet and the High Tech that the small investor is virtually on an equal if not better footing than the big boys. They can have all the bonds, corn flakes, utilities, banks and such that they want. I'm investing primarily in growth, I'm investing primarily in the future earning power of America - Inet/High Tech. The most interesting piece was the last paragraph "The real winners and safer companies to bet on are ones that have built the Internet and serve those companies mentioned above. This includes Cisco Systems (CSCO), Microsoft, Oracle (ORCL), Sun Microsystems (SUNW), IBM (IBM), Lucent (LU) and even MCI WorldCom (WCOM) and ATT (T). " I can remember not too many years ago when the Economist had articles that bad mouthed companies like CSCO, MSFT and ORCL. Now they call them "the real winners and safer companies". I didn't wait for them to become "safer companies" when I bought and I will not wait for the total internet market shakeout to buy either.