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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.44

+0.2%

12:44 PM EST

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To: sepku who wrote (12648)	2/26/1998 7:05:00 PM
From: Gerald Walls	Read Replies (1) of 77400

These stats were just too beautiful not to post all over again! ASND had a positive close above the 200dma for the first time in a year...so even those who held shares from 200 days ago and never picked up any more in the bargain bin, are now making money. How do you figure this? All it means that the stock is above the average price of the last 200 days. The only way that someone who's held the stock for 200 days is making money is if today's price is is more than what it was 200 days ago. 200 days is a little more than 40 weeks but for ease of getting a price from a chart we'll say it's three quarters or nine months. Looking at a Yahoo chart I see that at the end of May 1997 ASND was approaching or had hit 60. Going back to the beginning of May since 200 trading days is a little more than three quarters we get a price of 50. These 200 day holders are down 14 points.

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