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


To: Eric who wrote (27350)8/10/1999 1:33:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
Yeah,... I'm going to hold out. I think we may see low 50's by Oct...maybe even high 40's. I know it's sounds crazy but the late summer sell-off goes into full swing this month. I've got cash..but I'm waiting this one out.

OG



To: Eric who wrote (27350)8/10/1999 1:42:00 PM
From: Howard Feinstein  Read Replies (1) | Respond to of 77400
 
I wouldn't try to look into a reason for CSCO decline. The whole Tech Sector, as well as, every other sector is in a rapid high powered sell off. We've seen it before, we're in it now, and we'll most likely see it again. There is no ryhme or reason, other than to bring stock prices back down to more "reasonable prices", whatever the heck that is. We are at or very close to bottom here and the market, or High Tech Sector, to be more specific, will look to CSCO today, after the bell, to lead a short term bounce back, with it's earnings report. Unfortunately, the pop, if and when, won't get back too much of this beating, but it might stabilize things a bit, which would be a relief!

Howie