Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.40

-1.4%

Jan 14 3:59 PM EST

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To: t2 who wrote (48942)	2/15/2001 2:40:04 PM
From: Jacob Snyder	Read Replies (1) of 77400

I sidled to the sidelines today. In at 30 1/8 on 2/7, out at 31 today. I said I was a weak hand when I bought. Basically, I'm disappointed in how CSCO (the stock) is acting. I thought 30 would be strong support, and it wasn't. Then, its rebound hasn't been anywhere near as strong as the other techs I'm following. In the current market environment, and especially after having been burned badly with WCOM last year, I don't want to be holding anything unless I'm very confident it has bottomed. So, I'm back to the sidelines, watching, for now.

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