Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.28

+0.1%

Nov 25 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JRH who wrote (12242)	2/5/1998 8:59:00 AM
From: Dan Good	Read Replies (1) of 77400

In order for CSCO to get to your 50's prediction, we would need an 18% correction.(using 54 as a figure). But to get to 70$ we would only need an 8% move. We will see 70 before we see 50. The momentum is driving the price, right or wrong, and a greater force will have to come into existence to turn the tide. As for Shorting CSCO, it might be a good idea, but not a good time. Shorting stocks that are making new highs have a higher percentage of loss than shorting stocks making new lows. Momentum = Money

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next