CSCO - where's the bottom?!?!? Bear Thread Message Board

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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread

CSCO 72.11

-0.3%

Nov 5 3:59 PM EST

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To: bambs who wrote (26)	11/11/2000 7:10:03 PM
From: Monty Lenard	Read Replies (1) of 253

Well the pundits say we can never have a repeat of 29 but 72 would be as bad if not worse. That chart is based on a %age so there are no funny games going on with the way it looks. I found it very interesting. 10 years later and they are still down over 50%. The really amazing thing is the way the peaks of each was formed at almost a 90 degree angle and how ours resembles theirs near the same time period after their break. The early years on ours is has very reasonable slope up until 90's and so did their for the periods prior to what the chart shows. Their rise was from 10,000 to 40,000 and ours was from 1,000 to 5,000 both occuring in about a 4-5 year time span. Monty

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