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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.42+1.9%Dec 19 9:30 AM EST

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To: Ed Forrest who wrote (54227)7/30/2001 10:01:23 PM
From: Jerome  Read Replies (2) of 77400
 
Have the CSCO longs noticed how the attitude toward CSCO has changed? A few months back it was a certainty that CSCO was headed for 10. Not a single talking head on the financial shows could say anything positive about CSCO. All that talk about bubbles busting, and lack of real earnings (what ever that might be?), all of these have gone away.

And thats why CSCO is headed north...all that downward pressure is gone. Does it really make any difference what the earning are? Probably not...Small profits, no profits, small loss, big loss, no outlook, lowered guidance for next quarter, no matter what was reported by which tech company, a small (at least) rally was warranted.

Best to add some CSCO this week for a nice rally next week.

Jerome
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