Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.02

0.0%

9:30 AM EST

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To: RetiredNow who wrote (54507)	8/15/2001 10:43:21 AM
From: RetiredNow	Read Replies (2) of 77400

The slow bleed on Cisco's stock price is on. Anyone care to guess where the next bottom will be and what the next trading range will be? The last bottom, prior to this latest earnings release, was $17, with a trading range of $17-20. My guess is that the bottom will be at $13, with a new trading range of $13-16. I think the bottom will hit sometime in the next month. Then it will be in a range until the next earnings release early November. Any other guesses out there? These guesses will help daytraders figure out where they want to trade the stock. So at this point, I'm not asking for fundamental valuation guesses, or claims from Bambs saying it will bottom at $2. Instead, I'm interested in the very short term. How can we make money trading this puppy over the next 2 months? And what ranges should we look for? TIA!

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