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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: hjz who wrote (63342)5/7/2002 7:24:04 PM
From: t2  Respond to of 99280
 
Agreed that the MSFT news is very negative for the company. This company is so dependent on Windows revenue.

Cisco news was basically what consensus had expected although the tone might have been a bit more positive than expected. The plans to buy back a lot of stock at current prices might have been the key in this case. Have to admit that this is a good tech stock...however, there are lots of others that are not in the Nasdaq.
Cisco is in a good market position right now. I would buy it on weakness (definitely not at 14.70 AH price <g>).