Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.42

+4.6%

Nov 13 3:59 PM EST

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To: RetiredNow who wrote (52868)	5/11/2001 4:02:06 PM
From: RetiredNow	Read Replies (1) of 77398

While we are all arguing whether Cisco's business has bottomed or not, we've all forgotten that the market has already decided that for us. The stock price has bottomed. It absorbed the con call with no major hit. I think now we'll just see a $15-20 trading range until we get new information. If Chambers comes out and says, "guys, we are seeing the first signs of orders picking up", you'll see this stock skyrocket, at least in the short term. If he comes out and say, "well, not only are orders still not picking up, but we think that it will be another year to two years", then I'd say we have another leg down to go. So in the absence of new news, this stock has found it's trading range.

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