Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.46

-3.7%

Nov 20 3:59 PM EST

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To: sepku who wrote (11163)	12/22/1997 8:59:00 PM
From: Lucretius	Read Replies (1) of 77400

My downside target on CSCO is roughly the Oct low of 46-47ish, but I think it could go much lower w/ a little bad news. That's your 200-day moving average as well. The 46 target is my non-event natural downward trend target. Once there, it should make a stand, and then hopefully fail miserably and proceed to plummet to even further depths, but I proably won't wait that long. What's your opinion on the drillers? It's the only L-T long play I've ever tried to make and my profits are being eaten up like beef in a dog pen. Do you see a turn? or are you short? Good Luck! -Lucretius

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