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

To: Victor Lazlo who wrote (48463)	2/7/2001 11:08:51 PM
From: t2	Read Replies (2) \| Respond to of 77400

Victor, Agree that Cisco is probably dead money or at best a bounce up to about 35 but in only the near term. I don't think it will stay that way for long. It depends upon whether or not they send any positive signals on the developments in the quarter..for example a pick up in demand. IF they are trying to mask the fact that they are losing business to Juniper and others and calling it all an economic slowdown---then we can forget about a comeback even in the second half. Given so much negativity on the stock today, can it really get any worse. Of course, there may be little time to react in the market to buy if we see any pickup in demand. On second thought, probably better to buy NT when that happens. That can happen quickly but that means there is plenty of time to play that trade. Probably best just before JNPR's earnings. You can bet JNPR is not having the same problems. BTW--this is one stock I have never made money on...bottom fishing was a waste on it. However, I decided to try it again anyways on weakness. Hopefully it finally works out for a quick gain on the trade. Only playing a bounce.