Funds That Buy 'Old Tech'
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What's old is cool again. Or maybe I should say, hot.
Yes, seems everyone is talking "old tech" again. You know, not the dot-coms, but the Ciscos (CSCO Quote). (How telling is it that we call stocks that have been around for more than two years "old"?) And in that company's case, with plenty of good reason. As Cramer declared on "The Street.com" on Fox News Channel last weekend -- before the networker surprised Wall Street with another quarter of better-than-expected earnings -- this is not a "could'a-would'a-should'a" stock. You know, the "I could'a and should'a bought it way back when, but it's much too expensive now." It's one to pick up for the long term, even after an amazing run-up. ...
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