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


To: Jacob Snyder who wrote (59648)6/3/2002 12:36:10 PM
From: RetiredNow  Read Replies (1) | Respond to of 77397
 
Hi Jacob, you got that right. October is always something to reckon with. I'm looking to buy anything below $14 now and then sell into the August rally. I definitely wouldn't hold any going into October. Even if I don't get lucky enough to buy some soon, I'll keep some cash around to buy in October. That will be the time to start establishing your longs. 2003 will be the year when networking stocks rebound strongly. We're already seeing that this is the transition year. Enterprise customers are already in evaluation stage, and the orders will start to pour in in the last quarter of this calendar year. So buying at the beginning of Cisco's Q2 '03 will make for some good short term gains. I'm betting we see below $15 per share in the October timeframe and then $25 in the December to January timeframe. That can make for a pretty good return.