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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 84.82+3.0%Feb 6 9:30 AM EST
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To: JakeStraw who wrote (52245)5/3/2001 11:25:42 AM
From: RetiredNow   of 77400
 
I agree. Chambers will have to come out and say that their inventory problems are behind them and that they are raising their revenue guidance. He won't do that until the end of this year at the earliest or maybe Jan-Feb of next year. Then I think the stock will start to run again. In the mean time, we'll be in a range, which I don't think will exceed $20 in a sustained way. I think we might break through that starting in October to December. I actually think we might get into the $30's in December if we're lucky. It just depends on overall sentiment.
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