Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 80.59

+2.9%

2:54 PM EST

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To: Frank Sheridan who wrote (27190)	8/4/1999 12:13:00 PM
From: TechTrader42	Read Replies (1) of 77400

Cisco Kids: Here's another note from your technical analysis contingent, the thread's silent minority, or lunatic fringe: Uptick volume is higher than downtick volume with CSCO today, even as the price wavers between foundering and floundering around. Uptick vol. has only just begun to overtake downtick vol. with this wretched stock, and it could indicate a turning point. It indicates that the buyers are coming back; in other words, there are signs of some accumulation at these levels. It surprises me that people would want to buy right before the earnings report, but there you are. Is the stock risky right now? You betcha, as they say in "Fargo." But uptick vol. is beginning to look better.

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