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


To: Techplayer who wrote (35241)5/10/2000 9:22:00 AM
From: JRI  Read Replies (1) | Respond to of 77397
 
Thread..many times over the past two months, we have been up big in the pre-market...only to die and reverse during the morning....Psychologically, I think that (such a scenario) would be much worse (than starting out lower)..

We'll see what the day brings....who knows, maybe we'll rally (after the initial sell-off?)..Pre-market really means nothing..



To: Techplayer who wrote (35241)5/10/2000 9:22:00 AM
From: Zoltan!  Respond to of 77397
 
Per CNBC:

CS First Boston raises Cisco target to $85, rating "strong buy".



To: Techplayer who wrote (35241)5/10/2000 9:23:00 AM
From: TigerPaw  Read Replies (1) | Respond to of 77397
 
all that I see is red in all of the techs.
Confidence is shaken, and that can only be restored by another test of the lows. The crystal ball is cloudy but I would venture that Cisco will see a quick test of about $57 before it can rally. I personally guess a 3 day test of the low meaning no rally 'till friday - but I have made a bunch of wrong guesses in the last month or so.
TP