I hate Cisco, here, there, everywhere
but I do use it as an indicator, a tech bellwether stock
its chart looks like a classic double bottom, enjoying support
I much much much prefer Nortel, which will slowly eat Cisco's lunch, dinner, and occupy its bedroom, watch its TV, smoke its cigars, and build a harem with all of Cisco's former lovers
I love Gilder's analogy of a supernova happening with Cisco
CSCO will continue to rise from here, with internet network buildout
but CSCO is toast on highspeed infrastructure buildout
Nortel and Uniphase will change the world as Cisco knows it
but yes, CSCO chart looks solid for an advance from here
esp with anemic pathetic wimpyass volume on the lows retest
/ Jim |
