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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.62+0.8%11:08 AM EST

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To: Howard Feinstein who wrote (31834)2/8/2000 2:31:00 PM
From: geekland  Read Replies (1) of 77397
 
Overbought, indeed. Several more optimists piled in this morning but then the growing wariness caused a back-off to unchanged or slightly down territory.

My prediction would be that any amount less than the "whisper" will cause some knee-jerk after-hours selling and some more in the morning BUT then the bargain hunters will start to pile in and reverse it. If, along with the release, they make any mention of caution regarding the upcoming quarter, we could be down to the teens in a flash. HOWEVER, an earnings report coupled with an announcement of a stock split would present yet another scenario. I would bet that a stock split will negate any downdraft from a number less than whisper...

Time will tell. It should be INTERESTING!
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