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


To: JeffT who wrote (56910)1/29/2002 6:44:40 PM
From: Ed Forrest  Respond to of 77400
 
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Ed



To: JeffT who wrote (56910)1/29/2002 7:53:08 PM
From: RetiredNow  Read Replies (3) | Respond to of 77400
 
I'd bet that things will move sideways mostly for the next couple of months (with ups and downs), and then may sell off sharply in April and May. I'm thinking then will be a good time to start establishing some good long positions. Like I said before, I'm hoping to get some Cisco shares at below $15 in that time frame, but we'll see. All the indicators show that the economy is rebounding and will be out of the recession in the next couple of months. So I expect that we'll get slightly positive GDP growth for the first half of this year, then closer to 3% growth towards the end of this year, with a real decent rebound in 2003. So again, I'm going to keep looking for re-entry points in April and May. Good luck!