Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.94

+1.1%

Nov 28 9:30 AM EST

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To: Suma who wrote (60656)	8/5/2002 5:00:13 PM
From: Jack Hartmann	Read Replies (2) of 77400

Lehman is painting the tape for an upside. What analysts downgrades a stock a dollar? Gimme a break. He put in the news as a sell but it is a buy. Read the analysis on cbsmarketwatch. News is more positive than negative. Long for a swing trade at 11.38. CSCO has good shot at $12.50 before options expirations. Also, selling volume is slowing quite substantially today until Friday. The MMs took it down and people bought the dip everytime it got to intraday lows. That pattern is not short covering but hedge funds buying for a ramp into earnings. The funds want it below eleven but they might have to wait a few weeks. But who knows what the heck will happen. ;) Jack

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