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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 79.40

-1.1%

10:38 AM EST

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To: bambs who wrote (59063)	4/23/2002 4:21:55 PM
From: RetiredNow	Read Replies (1) of 77400

Interesting action today. I've been saying for awhile that we'd see Cisco below $15 again in April or May. Looks like it's happening. The funny thing is that I think buying here is going to net you a quick 25-30% gain by the end of July. What we're seeing is a well-documented cyclicality/fluctuation in tech stock prices. Cisco has always been at low points in April/October and high points in July/Jan. I've noted this phenomenon on these threads before, so that our vaunted daytraders could scalp a little here and there. So I'm saying it again. Buying in now and averaging down every $.50 to $1 decrement is a great strategy for making good money within the next 3-4 months. Good luck all!

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