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Non-Tech : Invest / LTD

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To: drsvelte who wrote (7115)2/2/1999 7:23:00 PM
From: The Ox  Read Replies (1) of 14427
 
I cashed out late in the day with a great trade which means it will probably rocket north now that I'm out! <g>

I'm not sure how the stock will react to CSCO's earnings but I'll take a guess that it will be positive. Right now MMCN's #1 customer (near 40%) is CSCO so alot currently rides with their earnings. I would suspect that CSCO's solid report may be overshadowed by it's tremendous run up since Oct. I believe that MMCN should be trading in the low 20s on current funnies, so I think there is a chance that it will keep going until it gets back to where it was a couple of weeks ago. I consider it a buy at 16 and strong buy at 13 and under.
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