CSCO - Reason To Buy ?? Message Board

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Technology Stocks : CSCO - Reason To Buy ??

CSCO 72.91

+2.2%

Oct 30 3:59 PM EDT

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To: noronha who wrote (568)	10/28/1996 4:02:00 PM
From: Greg Jung	of 588

The sell-off ofter (good) earnings has become so cliche' this fall, this may be the precise reason for the recent weakness. It is now at the level following the run-up just prior to the 3-com announcement. You're right though it could visit 52 again. But it may gap up 5 points or more overnight, and it may never look back. If I had money to put into CSCO I'd lay out xx% tomorrow (at 58, if it holds) and go for bargains later. As it is I've made my bets, now I can just sit back and watch.

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