CSCO - Reason To Buy ?? Message Board

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Technology Stocks : CSCO - Reason To Buy ??

CSCO 73.11

+0.3%

3:59 PM EDT

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To: noronha who wrote (546)	10/25/1996
From: rich k.	of 588

You can't look and analyze a stock on a daily basis and question it's moves when there's no significant events. Believe it or not there is a daily ebb and flow to the market and stocks make up that flow. Looking at the volume traded it's not the individual me and yous that drive the price, its the institutions and funds buying and selling blocks. With the recent good earning surprises but with negative market reactions, its only prudent for portfolios to take some profits now. It's a fine time to buy Lucille. (I think kenny rogers sang that)

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