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


To: RetiredNow who wrote (74634)11/16/2007 9:14:02 PM
From: Sr K  Read Replies (1) | Respond to of 77400
 
Nov. 16 (Bloomberg) -- U.S. stocks rose for the first time in three days after Cisco Systems Inc. said it will repurchase up to $10 billion more of its shares and analysts raised recommendations on Hewlett-Packard Co. and Chevron Corp.

Cisco, the world's biggest maker of networking equipment, climbed after boosting its buyback program to as much as $62 billion.

bloomberg.com



To: RetiredNow who wrote (74634)11/17/2007 12:55:07 AM
From: Elroy  Respond to of 77400
 
I'm not really sure. I don't know the virtualization market as well as I do the networking market.

Ha!



To: RetiredNow who wrote (74634)11/17/2007 9:59:23 PM
From: ciskokid  Read Replies (1) | Respond to of 77400
 
Thanks Mindmeld. I went ahead and bought 1000 shares on Thursday, at about ~$82. Let's see what happens! Most likely will get out around $100, and look for an entry again either in the same stock or another.

Been an investor all my life (been holding significant stake in Cisco since 1992). However, lately been feeling that I am missing out on a tremendous opportunity in trading (the way these stocks go up and down with a pretty good pattern), therefore, decided to dip my toes!! Also planning to to play a little with FSLR and SPWR.

Only playing with an extremely small portion of my overall portfolio though. Still a long term buy and holder of quality stocks!