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

To: Ibexx who wrote (54212)	7/29/2001 7:31:15 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Well, in the last couple of weeks, we've gone from $16.5 to $19. The earnings is liable to be more of the same, which means even if the hit the number, they will give a gloomy outlook. That means we don't break out and the stock goes back down again. If I'd gotten in at $16.5, I'd take my profits and sit back and watch for awhile.

To: Ibexx who wrote (54212)	7/29/2001 11:06:19 AM
From: HH	Respond to of 77400

I dont think 48 million shares traded constitutes "big time" seems the whole day Friday was cautious for the whole market. My current thinking is that we could have a smart rally for the next couple of weeks which could play into Cisco beating earnings. I think their CC discussions will be upbeat on enterprise business while neutral to gloomy on the other. the key for me is market sentiment, which could shift to rally mode with a little nudge. that nudge could come from anywhere. With short interest high, and the earnings gloom behind, it wouldn't take much. As far as CISCO is concerned, I really think it will easily get past 20 and should get close to 25 within a few weeks, primarily if market rallies as I described. Of course, all this is just a guess, just like eveybody else. My perscription glasses are finely colored since I own some in the money options. HH

To: Ibexx who wrote (54212)	7/30/2001 10:21:56 AM
From: Paul Shread	Respond to of 77400

Hi Ibexx, Figured I'd post my confused CSCO read here <g>. A real mixed picture: I'm still not getting a positive read on CSCO here: cache.wsrn.com Could negate all that ugly stuff with a strong move above 20.50, however. A bearish 200/50 weekly MA crossover is coming: stockcharts.com[w,a]wacl... However, the stock is above its 20 WMA for the first time since last summer, and the weekly indicators don't look too bad for the most part. In general, though, I'd have to say the picture is a bearish one. Neither long nor short. Paul