Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.80

-0.3%

Nov 17 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRI who wrote (40412)	10/8/2000 7:43:34 PM
From: bambs	Read Replies (2) of 77400

This week is a big on for the market. Margin calls are being hit at this level and it is important for the market to bounce now if we are going to get a fall rally. I for one think that a test of 3000 is in the cards in the next two weeks then we will have a bounce to the 3450-3600 area. It's up to real earnings and the economy from there. I'm still looking for the market to break 3000 this year. Where after it does, it will be range bound for 6 months between 2500 and 3200. If the economy picks up then we should start a slow climb back up. If oil prices continue to rise and foreign investment in US markets retracts we will be in for a rough ride down to 2200 in the months following this next leg down. CSCO will surely lose $50 in the environment. If Sagawa is on the ball with his telecom spending slow down NT and CSCO will be in for a rough 2 years for starters. Bambs

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next