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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.030.0%Dec 24 12:59 PM EST

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To: RetiredNow who wrote (56891)1/28/2002 11:01:00 AM
From: RetiredNow  Read Replies (2) of 77400
 
Hi all, Cisco seems to be making a move to the upside in the last couple of days. I wonder if any rumors are circulating as to how they will do this quarter. I think a positive earnings release coupled with market share gains against competitors and guidance for the next few quarters could propel the stock past $21 in the short term. I still think any pop will retrace in April-May, but we'll see. I think there is pent up demand to invest since we've had 2 years of crapola in the markets. Look at those money market fund numbers. Cash is sitting on the sidelines in huge supply.
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