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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.87-0.1%Jan 9 9:30 AM EST

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To: M. Charles Swope who wrote (54578)8/19/2001 3:38:49 PM
From: Jerome  Read Replies (1) of 77400
 
Friday's action.....

1) Friday was options expiration day and on that day anything can happen.

2) The last six Mondays have been down days and investors may have decided...On Monday CSCO gets killed so why not sell on Friday and buy back on Monday at a lower price.

3) The low volume is a positive.

4)CSCO is not falling because CSCO's outlook, but because the tech market as a whole is falling.

I'll be watching the option puts and calls this week for some indication of trends.

Regards, Jerome
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