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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.40

-1.4%

3:59 PM EST

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To: RetiredNow who wrote (48425)	2/7/2001 4:24:51 PM
From: Eric	Read Replies (1) of 77400

mindmeld Boy, what a day. I'll say one thing for this stock, it sure is liquid! It was nice to see it move back off it's low, especially in the last half hour of trading. I think bambs is right....tomorrow we could get a nice bounce in the Naz. I still have a position in Cisco and like you sold the vast bulk in 1999. Bought a tad back in late December and have been waiting for the CC. OUCH! My guess is we go sideways here the next few qtrs until we get a good spin on the economy and what good ol Greene does. I expect Cisco to burn down inventories pretty hard the next couple of Qtrs. Downside risk is pretty limited unless they warn of more bad news which I think is pretty well baked in. I just loved that volume. That spoke volumes to me! regards, Eric

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