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

To: t2 who wrote (48942)	2/15/2001 2:40:04 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 77400

I sidled to the sidelines today. In at 30 1/8 on 2/7, out at 31 today. I said I was a weak hand when I bought. Basically, I'm disappointed in how CSCO (the stock) is acting. I thought 30 would be strong support, and it wasn't. Then, its rebound hasn't been anywhere near as strong as the other techs I'm following. In the current market environment, and especially after having been burned badly with WCOM last year, I don't want to be holding anything unless I'm very confident it has bottomed. So, I'm back to the sidelines, watching, for now.