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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Far Side who wrote (45103)1/10/2001 12:26:56 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Cisco CEO says slowdown in hiring. . .etc. . . not to mention 700,000 shares of Cisco in block trades. . . .that caused dumping of that sector. . .with other techs moved in sympathy. . .looks like one big knee jerk!



To: Far Side who wrote (45103)1/10/2001 2:19:56 PM
From: American Spirit  Read Replies (1) | Respond to of 57584
 
CSCO is a great company but 90 PE's are tough to sustain in today's environment. After looking at it again I'd like to see it around $30 which is where the battle of its bottom will probably take place.


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