Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RetiredNow who wrote (22316)	2/9/1999 6:18:00 PM
From: Eric	Respond to of 77397

mindmeld and the gang, Well it looks like a lot of damage in the Nasdaq techs today! We will be going lower but I would guess that most of the psychological damage ended today and we will scrape bottom for a few days. I'm really looking for the stock to bottom in the low 90's but it could go lower. If that happens it would be a screaming bargain. Even 3Com is a screaming bargain here! We are sure getting rid of the "Weak hands" quickly. I'm not the slightest bit worried as long as the economy is where it's at. Asia looks like it's beginning to recover nicely and that will add to the bottom line in the next year after being down to flat recently. I'm happy the .Com stocks came back to reality, they still have a ways to go on the downside. When the "weak hands" realize that Cisco is actually making money and that Cisco's growth rate is actually accelerating they will come back in droves. Frankly I have a big grin on my face here with all the bargains that are beginning to appear! Regards, Eric