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Technology Stocks : CSCO - Reason To Buy ??
CSCO 73.11+0.3%Oct 31 9:30 AM EDT

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To: Greg Jung who wrote (503)10/22/1996 7:32:00 PM
From: rich k.   of 588
 
greg, thx for your info, I"ll check it out. I've been away for a few so I suspect after todays market there should be an adjustment on price. What's your opinion on upcoming earnings release due out 11/8?
It seems like regardless of what the earnings are its just not good enough for any kind of sustained surge, i.e. IBM,MSFT,etc. Intel was the anomaly and look what it took to move that stock. I believe the
next looker is Compaq, due out 10/30ish. That and Gateway should give a pretty good idea if falling chip prices really impacted the third quarter or not. I look for the market to continue in a negative trading range in response to earnings then trade upward strongly, especially after the elections.
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