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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.99

+3.1%

3:59 PM EST

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To: J. P. who wrote (23317)	3/3/1999 11:24:00 AM
From: Kenneth E. Phillipps	Read Replies (1) of 77398

It's my opinion the Nasdaq is about fall down to it's 200 day moving average of around 1950, and it will take Cisco down with it. Cisco is a fine company, it's just too pricey here. I agree with you that the Nasdaq will move back close to its 200 moving day average of around 1950. If it does not, it will be the first time the Naz ever went 15% beyond that 200MDA and did not retreat to it. When it happens, it will bring CSCO, MSFT, INTC, LU and NT with it. Just my opinion. Ken

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