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


To: michael97123 who wrote (44826)12/18/2000 6:16:01 PM
From: Peppe  Read Replies (1) | Respond to of 77400
 
I couldn't agree more. The sell-off of CSCO had nothing to do with the $275M reserve. There's an expectation out there that with MSFT, INTC, DELL, LU , NT(to a certain degree) all announcind earnings surprises on thedownside, CSCO has to eventually fall.

See : globeandmail.com

With CSCO closing well below its 52 week high, I doubt it has hit bottom yet. The longs buying on fundamentals may get hurt short term, IMO.

peppe