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


To: calgal who wrote (54502)8/15/2001 1:15:07 AM
From: calgal  Respond to of 77400
 
ON The Move: Technical Analyst: Big cap tech should outperform

biz.yahoo.com



To: calgal who wrote (54502)8/15/2001 7:29:41 AM
From: kvkkc1  Respond to of 77400
 
With Janus and others selling massive amounts of stock at or near today's price, that could be a sign that the new owners won't be as quick to sell if they believe the company has growth potential. That could add some price stabilization if the company doesn't go completely to hell in the next couple of quarters. The price supports will probably be harder to break through as some will take available profits as soon as the stock reaches a certain percentage. So in my opinion, the trading cycle should be achievable, and has been so far for me. Trading covered calls have provided nice income for the last 6 months.knc