SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Ex-INTCfan who wrote (21835)12/4/2000 5:19:04 PM
From: DiB  Read Replies (1) | Respond to of 65232
 
fan,

>Well, for starters it has a high PE and it is hitting new 52 week lows -- not a good combination. Then there is the Juniper factor -- Juniper is overtaking CSCO in some high-end equipment (I doubt this will last -- CSCO has too much money to allow this).

This has been known for some time... CSCO held up around 50 pretty well thru the whole downdraft. Why sell-off today, when it is almost over, after Chambers spoke up and painted a rosy picture? Could it be margin calls' selling? May be the rumorville is again at its best...

I guess we'll find out within the next couple of days if 45 is a headfake or not... I'd hate seeing 52-53 as resistance...