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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.59+0.3%Jan 23 9:30 AM EST

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To: ehasfjord who wrote (59086)4/25/2002 9:30:30 AM
From: bambs  Read Replies (1) of 77400
 
hey...i never said csco will go under $10 when it warns....likely csco will just test it's 52 week low and bounce...not to break down until later in the year..perhaps when wcom files chapter 11 in early 2003.

I think when csco reports or warns it could market the bottom of this leg down for stocks like NT...even WCOM. there is a chance of a short covering rally following csco warning...everyone thinks they are going to warn...once all the bad news is out in the sector we should see a bounce...the sector is over sold...due for a bounce...
I still wouldn't bother playing it long though..with all the scandal and investigations going on for stocks like NT, WCOM, etc...even csco...you never know what tomorrow will bring.

bambs

hgmcy 14.88 open
csco 14.21 open

it's official!
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