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


To: limtex who wrote (52540)5/8/2001 8:12:08 PM
From: t2  Read Replies (2) | Respond to of 77400
 
limtex, This stock will probably react the way it did when it warned. The market was waiting for the warning and got it...and the stock recovered.

There is some positives if one wants to look at them. Remembering that the stock is not at $70 anymore. If I had to pick a stock among Lucent, Nortel, Cisco---my pick would be Cisco.

I don't think the stock is going down from current levels. Why would anyone have been buying the stock if they were afraid of getting a bad earnings report---which was a sure thing, IMHO.

Cramer thinks it has bottomed if it does not go lower and he has traded (actively) it for a long time.
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