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

CSCO 73.99

+3.1%

Nov 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bambs who wrote (140)	11/27/2000 7:56:05 PM
From: t2	Read Replies (2) of 253

Cisco has bottomed. Take it to the bank! How long has Cisco been in the low 50s. In addition, the fact that NT is now starting to make an upward move, only adds to the possibility of Cisco making a move to 60+. It has been over 50 for so long given how the market has been lately. One would have expected it to tank to 40 seeing how the Nasdaq went below 2800 last week. I think the US$ starts a bit of a decline against the Euro and Asian currencies. The market will trade on the future outlook for stocks not the past. The currency rates will help many high techs. The spending slowdown has been played out to the fullest. Remember Cisco's CEO states that they make their strategic moves when the market is bad. We are going to head up shortly....bet on it. Cover soon or your gains on shorting will be history.....IMHO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next