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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: The Phoenix who wrote (36218)	5/23/2000 12:12:00 PM
From: JRI	Read Replies (1) of 77400

Lunch-time usually means little or no movement...but, I like the action in the last hour....although 2 attempts at setting new highs/settling in positive territory failed.....there has been no significant sell-off after each failure...in other words....look to me like buyers getting more confident..and sellers drying up... It'll be interesting to see what happens after 1PM (when folks come back after lunch)...IMO, if we are current levels....Dow flat, Naz 15...I think you see bulls get their courage up, and drive it nicely higher... Disaster (at least for today) would be a drip down to -70,80 Naz by 1 PM.. some firming is needed for the Naz bulls here's..sideways drift OK... As I finish, naz now down 25...need to be careful here...don't want to drift down too far...

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