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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

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To: craig crawford who wrote (11253)	12/30/1997 11:30:00 AM
From: MulhollandDrive	Read Replies (1) of 77400

>>I see everyone expecting the January effect like it's their god given birthright<< Hmm, how do you see that everyone is expecting anything? If you don't like CNBC, try reading IBD and check out their market sentiment numbers, or do they print mostly rubbish, too? My point as it relates to CSCO and overall market sentiment is that the overall market is not going to "punish" an individual stock like CSCO, dare I say especially a company like CSCO if overall market conditions remain bullish. I personally feel that the market is going to be range bound for at least a couple more quarters and won't be initiating long positions unless a stock has already "had it's guts ripped out" as you so eloquently stated. bp

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