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

To: RetiredNow who wrote (23109)	2/27/1999 12:05:00 PM
From: Kenneth E. Phillipps	Read Replies (3) \| Respond to of 77399

Mindmeld - There is an article entitled "Against These Newcomers, Cisco And Lucent Seem Slow" on page A6 of IBD for Monday, March 1, 1999. The article discusses terabit router startups. The article quotes Jeffries of Jeffries Research this way: "By the middle of this year, the market starts to happen. By the end of the year, it's a big deal." Avici has $71 million in startup capital with a 20% stake by Nortel. Ken

To: RetiredNow who wrote (23109)	2/27/1999 12:08:00 PM
From: Gary Yerman	Read Replies (1) \| Respond to of 77399

Hey I scrolled down on Vector Vest and they recommend buying Cisco. Guess that tells the whole story. Gary

To: RetiredNow who wrote (23109)	2/27/1999 2:55:00 PM
From: jach	Read Replies (2) \| Respond to of 77399

<I still think Cisco is overvalued. But I absolutely refuse to sell any of my shares. Rather, if we see Cisco hit $80, I will load up the truck> why hold on, if you think it's overvalued? Just a reminder that almost everyone knows already, but a lot of times not really followed. That is, not necessarily good to have too much exposure to one area or one stock, may be up to 5% of portfolio. I think if the mkt turns south csco will hit between 60 and 80. Also there is a possibility that when they release to SEC next time, they might include what many companies had been including in their reports; that is SEC is looking into past acquisitions. If that's the case there is 10% to 20% downside risk. Considering the mkt is not that stable especially in the high-tech area, the downside risk is much higher. Adding to those, summer is rolling in and with that the typical summer doldrums of high-tech stocks. So, at this point potential for downside far outweights the upside.