Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (2238)	3/14/2001 4:01:06 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 2850

Mike: IMNX gave up the $25 box today from memory this is a break of solid support. RS also gave a sell so further weakness is a given. I now have it testing the $17 to $14 area. From a fundamental standpoint they are supposed to be having trial results on expanding erebel late this month and if these come out positive maybe it never sees this area but the odds now favor the mid teens. I plan on seeing how the stock acts but I think $16 is a good area for a 1st 3rd. Not saying I'll buy some @ this level (markets too scary) but I may. Tim

To: wlheatmoon who wrote (2238)	3/14/2001 6:11:19 PM
From: John Pitera	Respond to of 2850

Mike, It looks like CSCO is starting to feel the fear. the Chambers comments on the stock buyback being denied and confirmed. and then this router benchtesting issue. 10:24 ET Cisco Systems (CSCO) 20 15/16 -7/16: -- Update -- CNBC reports that the company is now retracting their statement denying reports that Chambers hinted at a share repurchase. In fact, Chambers did mention a repurchase program at the conference and Cisco is apologizing for denying it. 10:08 ET Cisco Systems (CSCO) 20 3/8 -1: Company denies yesterday's widely circulated report that CEO, John Chambers indicated at the Merrill Lynch Global Communications Conference that Cisco was considering a repurchase program. and then this issue of the router benchmark test: 11:13 ET Cisco Systems (CSCO) 20 5/8 -3/4: -- Update -- Company issued press release last night claiming that its 12416 core router won an independent test; this is the same test that Juniper (JNPR) was reported to have won on Monday. Both the company that conducted the test, Network Test, and the sponsor, Light Reading, are disputing Cisco's claim and have asked Cisco to correct its statement. They continue to report that the Juniper M160 router won the test and the Cisco 12416 placed second.