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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.10

+1.4%

Nov 10 3:59 PM EST

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To: Jacob S. Rosenberg who started this subject	4/1/2001 11:34:40 AM
From: bambs	Read Replies (2) of 77397

I think we should get the much anticipated csco warning this week. I will look to long csco after the warning. With luck it could gap down a bit and then it should move higher from the open. At that point it will be profit taking time for the shorts and the "weak longs" will be washed out. Don't get me wrong...I still say csco will be luck to trade over $10 by 2010. But, for now it's over sold and due for a bounce after the warning. The extent of the warning could be a bit of a surprise so I won't go long before I here the bad news and the guidance. Of course, the warning is no sure thing but it seems like everyone is expecting it. Should be an interesting week. I think the second half recovery hype may be put to death this week. The NAPM numbers look to be real ugly and cnbc will start with the rate cut hype when the numbers come out. good luck, bambs

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