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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.10

+1.4%

3:59 PM EST

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To: TraderC who wrote (21691)	2/2/1999 5:22:00 PM
From: Technician	Read Replies (1) of 77397

Not surprised what so ever, a run-up of almost 200% from Oct 8 low of 41 to 116, with Jan and early Feb mutual fund money aggressively chasing the stock and earnings only satisfactory (i.e) nothing like MSFT ... profit taking is inevitable, bought Feb 100 puts at 2 today! I think we will see 105 tomorrow and languish for a while before taking off again...

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