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


To: JC Reddy who wrote (25927)5/21/1999 1:20:00 PM
From: mauser96  Read Replies (3) | Respond to of 77400
 
With revenues growing 44% and earnings growing 33%, CSCO is a growth company, probably too big to be a "super" grower but this should be considered in view of it's blue chip status. I read in Fortune that Cisco can get earnings on a daily basis if they want to, so they probably have better than average ability to even out earnings, and wall street values consistency.
Scary as they are, declines like Oct 1998 are a chance to buy stocks on sale, blue light specials, so long term non margined investors should think of them as an opportunity. CSCO the stock will collapse if this happens, but it won't change the outlook for Cisco the company. CSCO sold down to around 42 last October - an near triple to todays value. Easy money.