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

To: Howard Feinstein who wrote (25081)	5/7/1999 5:17:00 PM
From: RetiredNow	Respond to of 77400

Hey Howard, doing good. I do indeed think we are in the post earnings season doldrums. I think Cisco will meet expectations or beat by 1 penny, but I don't think that will give techs a boost. I think that most of the techs will move slightly upwards through July, though, then start coming down until we see some real selling around October. If all the variables are in place, we could even see some really panic selling in October-November. So my guess is that through July we're ok. The market, including Cisco, is usually at its highest around mid-July. I will be building major cash reserves starting mid-July, though. I will be very ready for the coming downturn in the latter half of this year, if there is one. If not, I may buy a new house with the cash instead. ;>