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

To: Eric who wrote (46295)1/7/2001 8:11:28 PM
From: Monty Lenard  Read Replies (1) | Respond to of 77400
 
Eric, I would not expect them to warn either but I do not think you have seen the bottom on CSCO. I think people are getting a little wary of these 100+ pe stocks and the methods being used to justify them.

Monty

PS hope we do get a rally though cause I acted stupid Friday and bought some techs.



To: Eric who wrote (46295)1/7/2001 8:47:38 PM
From: Doug  Read Replies (2) | Respond to of 77400
 
Gary: CSCO's chart is very bearish with a large descending tria.

Everything points to a new low and I agree with your finding.

What I cannot rationalize its its timing. (looks likely this week). Is the market trying to lever another rate hike out of A.G thru a sell off lower than the last one.?

If not what is the reason for the rush in setting a new low now 4 weeks before earnings.

Thanks.


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