Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.59

-0.6%

3:59 PM EST

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To: jach who wrote (18326)	10/21/1998 4:31:00 PM
From: Jorj X Mckie	of 77400

jach, since you talk of price patterns, you should pay more attention to CSCO's specific price pattern going into earnings. Your strategy ain't a winner here. But you know that, don't you? Tom one can side line and can get back in after the earnings report come out. Even the earnings meet or beat by 1c, the stock may drop as asnd did today initially. If the qtr report includes some warnings for future qtr, then it will take a big hit and very likely drop 30% to 40%. So, imo, why take the risk as the upside form now till earnings report is not much but the potential downside is a lot.

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