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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.41+1.3%1:14 PM EST
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To: limtex who wrote (52534)5/8/2001 7:08:17 PM
From: t2  Read Replies (1) of 77400
 
Obviously many did not see hope but Chambers is still positive. Cramer is not thinking the stock is going to tank either..the days of the stock sinking on such a report are gone.
It is basically washed out. That is why I think it can actually move up with the market..stabilize 20 to 25 range.

There is a positive. Chambers says they have bottomed out.(Personally I believe him given their business mix)

Here is cramer's check list..19 to 20 range. I think he is a bit pessimistic given the current market(full of shorts).
thestreet.com
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