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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.68+1.6%2:51 PM EST

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To: Jacob S. Rosenberg who started this subject11/30/2000 7:57:34 PM
From: t2  Read Replies (2) of 77400
 
I guess Cisco cracked 50! Looks like a case of margin selling to me. It is not a PC stock. Considering that NT made a nice move up, I think Cisco was being liquidated for such purposes.

That could be a good sign. I will settle for 48, if it means that we are reaching the end of the line in this selling. The rebound will be swift.

I looked at the November short interest in many stocks and saw lots of increases in companies like , CSCO, PMCS, VTSS...the food chain for Cisco.

I think their analyst meeting this weekend will be a catalyst for a broad Nasdaq rally.

BTW--i know bambs and Monty are probably laughing at these predictions.....but the longs will be proven right; just wait another month or two.
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