Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.59

-0.6%

Jan 5 3:59 PM EST

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To: HH who wrote (53887)	6/30/2001 8:16:49 AM
From: RetiredNow	of 77400

Don't say that yet. It all depends on what Cisco says about this quarter. If they guide lower, this stock will revisit its low of $13. If they leave as is, then I think we drift to low $20s. If they see a glimmer of hope and say that, then we'll print $25 easy. Otherwise, we are just in a trading range from $18-20. We've been in this range for quite awhile now. I don't know if anyone has noticed, but stocks are now starting to trade in the familiar patterns of 6 years ago and before. Namely, they move mostly on whether company makes the money it says it will make. Novel concept, but the hype is dead and cold hard cash and earnings are what moves these markets nowadays. I'm glad of it, because it's easier to predict and bring all of our portfolio's beta down, because the swings aren't as wild.

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