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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.95

+0.2%

Dec 5 3:59 PM EST

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To: Paul Shread who wrote (16148)	8/19/1998 2:28:00 PM
From: Sonny	Read Replies (2) of 77400

Not much which can cause such a spike, mostly the traders' perception that if NASD has to be at 2K again, CSCO will carry it forward, and hence, it may be at 120 by that time! But due to Aug expr'n, Friday effect, next Tuesday Tremor effect etc. R/R ratio seem to be high for fresh entries in the short term. If they start booking profits, with the automatic activation of sell program at the 52-week high price, a short but swift trip to 92-95 area may be in order. However, it will be very healthy then, having flushed-out all the short-termers, imho. regards to all, -/Sonny.

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