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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%3:59 PM EST

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To: RetiredNow who wrote (39579)8/17/2000 4:48:03 PM
From: Yogizuna  Read Replies (1) of 77400
 
Thank you for that link. Very interesting information there at the "Fool" site. I'm not too worried about these "small chinks" in the armor of CSCO yet, but things like extending easier terms to customers and increasing inventory levels is not what one wants to see in a high valuation stock that is the darling of Wall Street..... We are still in a sideways trading range here, but the hourly chart is now oversold so we could get a little pop to the upside as that chart works off it's oversold condition. The key here is the weekly chart in my opinion, as it is on the brink of rolling over to the downside should the stock not start rallying fairly soon. So we do not want to see anymore falling prices for awhile now or else..... (in my opinion) Yogi
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