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


To: bambs who wrote (56597)1/9/2002 4:42:24 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
I too think we will sell off into the spring. I'm thinking the general selloff will start in Feb, after the Cisco earnings call euphoria. I'm thinking Cisco may rise to as high as $25 before the call on comments from mgmt of market share gains, good balance sheet, and raking in the cash flows. Then I'm thinking Cisco will revisit $15 or below. I've been steadily selling my Cisco shares into the rallies above $20. It's hard to get rid of all these shares though, since I held on for over 5 years. :) From those proceeds, I'm keeping the powder dry and will start reinvesting into the spring selloff in anticipation of a good summer rally.