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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 82.44+2.2%1:38 PM EST

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To: GVTucker who wrote (67913)5/18/2005 11:03:08 AM
From: RetiredNow  Read Replies (2) of 77400
 
OK. Interesting. BTW, Cisco stock price has been using every market excuse to tack on another $.10-.15. This feels alot like in the 90's, when every day you'd look at Cisco's stock and it would be up another $.25 or so.

I remember owning Cisco back in '95 or '95, after I decided to sell all my Cabletron stock to buy Cisco. It was crazy. You'd go out of town for a week or two, come back and the stock would be up a couple bucks. And it just kept going up and up and up. Very few down days.

Anyway, since the earnings call, Cisco has been doing that on a much smaller scale, tacking on $.10-.15 a day. It's nice to see that happening again. So where will it stop? I'm guessing $24 or $25 in Jan '06, after taking a large breather in the Sept to Oct timeframe. Just my lousy crystal ball. No hard science behind that number.
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