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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.94+1.2%12:59 PM EST
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To: Ibexx who wrote (16387)8/27/1998 4:37:00 PM
From: PMS Witch  Read Replies (1) of 77400
 
"If you recall spring of 1997 (or was it 1996?), all networkers tanked 30-50% in a matter of days--and I call that tough!"

In March 1994, after CSCO split 2:1 and hit a new high of 40.375, the price deteriorated to 19.625 in July. CSCO made this journey alone, as other tech stocks held up fairly well. Today's action was just a little swimming with the current and nothing to worry about. PW.

P.S. CSCO split 2:1 and 3:2 since the summer of 1994.
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