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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 70.91-0.2%3:28 PM EST

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To: JRH who wrote (21602)2/2/1999 4:40:00 PM
From: The Phoenix  Read Replies (5) of 77397
 
And for those of us who are longs, we should all pray that there is NOT a stock
split announced in a few minutes. That would just exacerbate the problem.


Three cheers for you, Mindmeld! I think we are on the same page....


Justin,

Exacerbate what problem?... the fact that Cisco is cranking due to expectations of a great quarter and a split? No split, as I suggested earlier today, will result in short term weakness....as is apparently taking place on aftermarket trading. It also sends a very negative message to the market regarding managements exectations for future earnings. I think Csco needs or needed to announce a 3 for 2. Maybe I'm right with my guess that Cisco will be trading at 100-105 by end of the week. Buying opp...

Message 7615045

OG
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