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

To: JakeStraw who wrote (68120)	6/23/2005 1:28:59 PM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

10% higher than average volume and still 3 hours to go. Just to remind people about how fast a stock can move. Remember back in Aug'03 to Jan'04, Cisco's stock price rose from $17.50 to $29. I don't think we'll see that big of a move, but it goes to show that the market is capable of some very fast moves to the upside. So we could easily see $25 by Jan'06. Cisco Boosted By Improving Networking Environment 06.23.05, 1:19 PM ET Standard & Poor's Equity Research reiterated a "strong buy" rating on Cisco Systems (nasdaq: CSCO - news - people ) and raised the target price after the company introduced its new application-oriented networking technology at its annual networkers conference. Cisco also said it will announce several new advanced technology target markets during 2006. S&P Equity Research said, "We think Cisco's strategy of competing on features through greater product integration will enable it to gain share from stand-alone application vendors." The research firm raised the 12-month target price on Cisco to $26 from $23, given S&P Equity Research's view for an "improving networking environment and strong new product growth traction."