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


To: violatrader who wrote (22079)2/5/1999 9:24:00 PM
From: Ross Roberts  Read Replies (1) | Respond to of 77397
 
You may be new to S.I., and not a tech person, but you own a bunch of great stocks. They may go down a bit more here, but I believe they'll all be much higher in 12 months (well, maybe except ckfr <g>).

Cyclicals??? Gimmeabreak!!!

Regards,
Ross

p.s. I think you should add some INTC & MSFT to your holdings!!



To: violatrader who wrote (22079)2/5/1999 9:25:00 PM
From: Howard Feinstein  Respond to of 77397
 
Viola, I don't know your age, or how much you have invested in the stocks you listed, but I would say you should probably sleep very comfortably and probably should be able to retire on your investments! HIGH TECH is what's happening now and in our future! Good Luck and stay the course!

Howie



To: violatrader who wrote (22079)2/6/1999 5:16:00 PM
From: Tom_  Read Replies (1) | Respond to of 77397
 
Rotation out of Tech...

Re: I kept hearing them talk today on CNBC about the funds moving out of techs and into cyclicals and it was bothering me, although I can't believe it.

violatrader, I think this is what they were talking about, (note the huge volumes in the big name techs):

Friday's percentage move......Friday's volume......Normal volume

CSCO.....-3.80%.............27,212,500........13,506,772
LU...........-2.79%.............10,956,500..........6,120,909
MSFT.....+0.59%.............31,986,300........13,442,818
CPQ........-3.06%.............21,555,400........12,798,454
INTC.......-1.97%.............33,764,100........14,104,272
AMAT.....-1.72%.............14,175,700..........7,019,545
ORCL......-3.64%.............13,507,700..........7,863,863
DELL.......-1.89%.............35,630,500........17,071,680

AA..........+3.24%...............2,501,600............844,818
CAT.......+4.82%...............2,448,600..........1,609,500
XON......+2.69%...............5,111,500..........3,436,909
MOB......+3.13%...............2,720,400..........2,143,136
RD..........+3.32%...............2,561,000..........1,940,045
TX..........+7.49%...............4,361,300..........1,847,590
CHV.......+2.52%...............2,769,400..........1,177,363
MOB......+3.13%...............2,720,400..........2,143,136

For the reasoning behind it I think we have to look no further than the steep rise the techs have made since October. (JMO)

Best wishes,
Tom
(no current position in CSCO)