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

To: limtex who wrote (52534)5/8/2001 7:08:17 PM
From: t2  Read Replies (1) | Respond to of 77400
 
Obviously many did not see hope but Chambers is still positive. Cramer is not thinking the stock is going to tank either..the days of the stock sinking on such a report are gone.
It is basically washed out. That is why I think it can actually move up with the market..stabilize 20 to 25 range.

There is a positive. Chambers says they have bottomed out.(Personally I believe him given their business mix)

Here is cramer's check list..19 to 20 range. I think he is a bit pessimistic given the current market(full of shorts).
thestreet.com



To: limtex who wrote (52534)5/8/2001 8:01:13 PM
From: chojiro  Read Replies (1) | Respond to of 77400
 
Probably no good reason for him to give an upbeat commentary.
He needs to keep his wounded dog act alive so the Fed will continue with their "agressive rate cut" program. Next weeks rate cut is already in the bag, but he wants more. JMO.


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