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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.46

-3.7%

3:59 PM EST

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To: Lucretius who wrote (11529)	1/12/1998 4:48:00 PM
From: The Phoenix	Read Replies (2) of 77400

could be, but looks like CSCO wants to tank too. The strongest are always the last to die. But, they all die eventually. Lucretius. You're awfully quiet. CSCO closed up 1 7/16 @ 55 11/16. If INTC announces decent numbers tomorrow afternoon we'll see a run up to 57+ easy. That sets CSCO up for their announcement in early Feb.. And, to spite what your friend might think, I would postulate CSCO beats expectations... .just from what I read in the public forum. Furthermore if they were going to miss, James Richardson (V.P. of Sales) wouldn't be telling the press about how well things are going in Europe. Rather he would be quiet so as not to induce a move up before earnings and during the quiet period. This alone tells me things must look decent for the quarter. Are you planning on holding your short position through the earnings announcement? Given your belief that CSCO will miss I assume this is the position you plan on taking. Gary

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