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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%3:59 PM EST
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To: RetiredNow who wrote (61567)10/2/2002 1:09:57 PM
From: t2  Read Replies (2) of 77400
 
Do you think we getting close to a trading bounce for Cisco stock yet; very weak today relative to the market and has been actly badly lately.

Were people really that surprised that IT spending was weak. Other tech stocks also dropped but seem to show some bounce but not Cisco. I just wonder the trading in the stock is getting set for a profit warning (something I feel is unlikely but you never know).
Hard to believe that every negative comment on the stock can continue to sink it unless something else is going on...I can't believe we will see a profit warning (but who knows).

Any comments on what would be a good long entry point. Thinking about starting my buying around here and dollar cost average for the next few days/weeks ahead of earnings.
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