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


To: Ed Forrest who wrote (46004)1/4/2001 2:37:38 PM
From: bambs  Respond to of 77400
 
perhaps...i worked into a big fat short on ibm now...that's all i care about today...

bambs



To: Ed Forrest who wrote (46004)1/4/2001 3:22:37 PM
From: Eric  Read Replies (4) | Respond to of 77400
 
Ed

My guess is the stock moves above 50 this month, especially if the Fed cuts a further 1/4% at the end of the month.

Going forward if guidance is good Cisco should break it's old high sometime next year.

Everything is conditional on continued good execution. If the economy "has" fallen off the cliff then the stock will be stuck in the 45 to 55 range for a year.

My real curiosity is how much damage this slowdown in the economy will do. Cisco sells solutions for a lot of companies in tough environments. It's very possible their sales will take off here.

JMHO

Eric