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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: StockOperator who wrote (2406)3/9/2001 12:00:16 PM
From: Paul Shread  Read Replies (1) of 52237
 
I agree we could be headed much lower; not the kind of spirited defense of a major trendline I'd like to see.

CSCO's FY 7/01 estimates have been coming down like crazy the last week or two, from .72 to .66. Gives me a maximum current downside price target of 19.80, with the caveat that that number will go lower until the estimates stop going down.
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