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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%3:59 PM EST

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To: JakeStraw who wrote (73835)6/16/2007 10:41:31 PM
From: RetiredNow  Read Replies (2) of 77397
 
biz.yahoo.com

Cisco Well Positioned To Take Advantage of Next Corporate Upgrade Cycle

...Since the end of May, Cisco has been trading right around its 200 day Moving Average. The last time it traded around its 200 MA was August of ’06 when the price began a long climb upward from 19.50 until maxing at 28 by Jan ’07.

Even though it may continue to be range bound for a little while longer, I believe that an explosive breakout to the upside is in the near future.
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