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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Donald F. Figer who wrote (26569)6/23/1999 4:47:00 PM
From: KC~  Read Replies (2) | Respond to of 77400
 
The base was made. When it took out the 120/60 resistance level, smart shorts covered. Next stop 70.



To: Donald F. Figer who wrote (26569)6/23/1999 5:55:00 PM
From: DownSouth  Read Replies (2) | Respond to of 77400
 
Well, Mr. Figer, you are on the right thread. CSCO is establishing a new trading range. Give it 2 weeks and watch the Fed. CSCO will move with a low beta with the market. We will see a rise in price toward earnings and a small drop (<7 points) after earnings, which will be $.01 higher than expectations. Margins will remain strong, with a slight measurable increase. Growth in revenues will continue at its historic (1 year) pace. There will be 2-3 acquisitions within the next 5 months, which will have no affect on the stock price, but will cause LU to take notice. (All my own opinion of course, and I am long CSCO and LU.)

Now, about this thread--I know I speak for all of the regulars that you are welcome here and we hope that you will contribute to the dialog. We need some new blood. But if those of us who are longs and are more interested in the long-term price of CSCO, as opposed to your short interest, wish to have some fun, then just ignore our silliness, jump in and ask your questions and make your contribution. Your chice of words is similar to that of a new neighbor dropping in on the neighborhood spring fling commenting that the conversations are silly. It may be so, but your stay in the neighborhood may be a little lonesome at times.

Thank you

Thank you.