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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.46-3.7%3:59 PM EST

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To: jmac who wrote (27753)8/19/1999 5:19:00 AM
From: hasan syed  Read Replies (1) of 77400
 
J, CSCO is due to move, just be patient. Its actually holding up exceptionally well on down days, perhaps even better than intc/msft ( i realize the latter isn't the same old msft lately, but give it time ). My suspicion is that CSCO will make a move very similar to how INTC moved the last couple wks (unexpectedly) and move atleast to the mid 70s (my target, based upon a measured move from congestion at 62-64), market conditions permitting. For a snapshot of the technical picture, you may wish to checkout the following: stockconsultant.com

Btw, Gary Smith at TSC also charted CSCO recently in a folowup article covering Forbes or Fortune's picks. You may wish to read his analysis, he's usually quite prescient. Best of luck.

Regards,
Hasan
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