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


To: RetiredNow who wrote (67941)5/20/2005 1:08:04 PM
From: JakeStraw  Read Replies (1) | Respond to of 77400
 
mindmeld, My gut feeling is that CSCO will have a tough time staying at, or above $20 until maybe September/October...



To: RetiredNow who wrote (67941)5/22/2005 12:22:22 AM
From: Lizzie Tudor  Respond to of 77400
 
Not that we'll see returns such as what Lizzie thinks should be the norm, but I wouldn't be surprised at all to see Cisco stock gain 20% or so a year for the next 2 to 3 years.

2 or 3 years of 20% gains in a basket of high quality stocks for a good market year is what I consider the norm in a healthy economy.

This last week the market looked like it should to me. Stocks that had earnings that impressed (MRVL) went UP. Stocks that had bad numbers (BRCD) went DOWN. This is the way a healthy market should act, as opposed to the mess we have been dealing with for almost 5 years now.