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

To: bambs who wrote (59063)	4/23/2002 4:16:46 PM
From: Monty Lenard	Respond to of 77400

I made a good scap on SBC this morning when they gapped it down into that hammer. Glad I did not get greedy though. Monty

To: bambs who wrote (59063)	4/23/2002 4:21:55 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Interesting action today. I've been saying for awhile that we'd see Cisco below $15 again in April or May. Looks like it's happening. The funny thing is that I think buying here is going to net you a quick 25-30% gain by the end of July. What we're seeing is a well-documented cyclicality/fluctuation in tech stock prices. Cisco has always been at low points in April/October and high points in July/Jan. I've noted this phenomenon on these threads before, so that our vaunted daytraders could scalp a little here and there. So I'm saying it again. Buying in now and averaging down every $.50 to $1 decrement is a great strategy for making good money within the next 3-4 months. Good luck all!