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Personal Finance > Investing
Talking Stocks: Burnham
June 1, 2000: 4:29 p.m. ET

Cisco, BellSouth, WorldCom and Intel are strong; avoid J.C. Penney
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NEW YORK (CNNfn) - Jon Burnham, portfolio manager at Burnham Securities, said Thursday that Cisco, BellSouth, WorldCom and Intel are graphicgood companies, but that J.C. Penney is one of the poorest selling companies in retail.

Every day at 1 p.m. ET, CNNfn viewers are invited to call in to the "Talking Stocks" segment and ask equities questions of the guest expert. The toll-free number is: 800-304-FNET.

Click here to send your stock questions to the next guest.


Name: Simon, United States

Question: Cisco Systems (CSCO: Research, Estimates). What are your thoughts on Cisco, and what should you do if you currently own it?

Answer: I love Cisco. This is the biggest company in the computer routing business, with rapidly increasing revenue and earnings. I would keep it and add to it.

Name: Mohammed, Lebanon

Question: JC Penney (JCP: Research, Estimates). Do you think Penney will hit $25-to-$30 after Carl Icahn's filing to hold a majority stake?

Answer: I do not like Penney. The company is one of the poorest selling and managed companies in the retail business, and I don't think the stock will hit $25-to-30 anytime soon.

Name: Bill, Georgia

Question: BellSouth (BLS: Research, Estimates) and WorldCom (WCOM: Research, Estimates). Can you give general comments on both, and what do you think their prices will be at end of the year?

graphicAnswer: I like both of these companies. Both of them are leaders in the telecom business. I have no particular views on where they'll end up by the end of the year except I think they'll both be higher.

Name: J.L., Mexico City

Question: Intel Corp. (INTC: Research, Estimates). Is Intel due up for the same fate as Microsoft? From what I've read and heard, both companies have a similar performance in the marketplace, which is why I would like to know if you think there is a risk for Intel to go through an anti-trust process like Microsoft?

Answer: Intel is by far the best company in the chip business. It's extremely well-managed and their products are in a major cyclical uptrend. I like the stock short, medium and long term.

CNNfn welcomes your e-mail questions for our "Talking Stocks" guest. Please include your first name, state and one stock question per e-mail. Please keep in mind: "Talking Stocks" is for specific stock questions only.

If you do not see an answer to your e-mail here, it is because our guest does not cover the company.

-- compiled by Staff Writer Mark Gongloff

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