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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 3:59 PM EST

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To: Shroder Wertheim (Hijacked) who wrote (10839)12/13/1997 7:46:00 PM
From: Carmine Cammarosano  Read Replies (1) of 77400
 
Shroder, the ticker is saying sell CSCO...I don't think you even have to look for a reason...we will probably get a bounce from here but I suspect that there will be renewed selling and CSCO could end up in the low $60s...nothing wrong with the company, it is just a bad time for techs and mutual fund managers want to lock in profits...in addition SELLING BEGETS SELLING...now if you take a longer term approach, a smart investor can pick up shares at a good price...but if anyone thinks that they can make money on the upside over the next few week, boy do they need to wake up!
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