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


To: Ed Forrest who wrote (52460)5/8/2001 11:28:14 AM
From: RetiredNow  Read Replies (2) | Respond to of 77398
 
I agree. These upticks aren't sustainable until the revenue growth rates return.



To: Ed Forrest who wrote (52460)5/8/2001 4:29:08 PM
From: Paul V.  Respond to of 77398
 
Ed, Today, CSCO hitting $21 during the day, broke a Dorsey Wright P&F double top and equaled a Triple top spread at $21. According to DW the profitability for a double top is 80.3%, with an average gain of 38.7%, over 11.5 months.

The profitability for a triple top is 87.9%, with an average gain of 28.7%, over 6.8 months.

With CSCO exceeding the consenus by $.01 at $.03, CSCO can go either way tomorrow determined on what Chambers has to say in the conference call and on CNBC at 6:30EST.

Paul