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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.27

+0.2%

2:03 PM EST

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To: The Phoenix who wrote (35755)	5/18/2000 8:43:00 PM
From: Monty Lenard	Read Replies (4) of 77400

Gary, CSCO struggled valiantly but I just do not think it will hold that double bottom. I almost traded it off that support today but the selling was just too heavy. The 200 dsma is just too compelling when one has fallen this hard. Go look at GE. GE was and has been for a long time the darling of wallstreet but when it got moving it did not stop until it hit that average. I just do not believe CSCO will either. Want to see another one getting ready to bite the dust ... go look at INTC chart. I know that they just announced a split but people are finally realizing that instead of 1 piece of paper they will now have 2 pieces of paper. Now am I going to the INTC thread and say anything. NO! Why? Because Ed would be upset if I left the CSCO thread. G Monty

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