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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 70.83-0.3%1:31 PM EST

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To: Eric who wrote (13215)4/7/1998 10:44:00 PM
From: Greg Jung  Read Replies (2) of 77397
 
Cisco "strength" is sleight of hand. Don't fool yourself!

That price spike was engineered for the benefit of (bilking the money from) the amateur day-traders who (were short) then closed at the end of the day. Same thing in ASND. It has to travel further into the abyss before real buyers come out, not the ghost rallys at the end of the day.

Greg

Oh and before anybody asks, I'm NOT short cisco.
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