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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.25-0.2%11:26 AM EST

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To: kvkkc1 who wrote (45982)1/4/2001 2:08:29 PM
From: bambs  Read Replies (3) of 77400
 
i was lucky it was lunch....like most traders i trade order flow at the beginning and end of the day...i barely trade through lunch. lunch for me is 11:15-11:30 to 2:15-2:30
it depends on the day.

I think $45 is the real resistence on csco...as i said a couple of days ago i think csco will be range bound between $20-25 and $45-50. I think a close out for the $25-$45 range will be unlikely this year...

The $45 area puts csco at a p/e over 100.

I think that is a resistence point.

If csco can produce some real actual earnings growth then it could range higher at some point...but I doubt that will happen.

bambs
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