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

To: JakeStraw who wrote (67942)	5/20/2005 3:17:48 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

You may be right, Jake, but this steady upward move feels different. Like I said before, it's been a steady $.10-.15 a day since the end of April, when the stock was at $17.04. It seems to me that there may be some accumulation going on by some big investment firms/mutual funds, not to mention the ongoing support provided by Cisco's stock buybacks. Therefore, this stock may have momentum even into the $20+. It wouldn't surprise me to see it continue to move up to the low $20s from now to Aug, then dip in Sep to Oct, then shoot to the mid-twenties by Jan'06. In fact, that is what I'm betting on.