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

To: RetiredNow who wrote (74654)	11/21/2007 11:19:46 PM
From: Sr K	Read Replies (1) \| Respond to of 77400

<<I didn't say "nil risk". I said minimal downside risk and a lot of upside potential. >> These were after the Q1 earnings and cc on 11/7: mindmeld to Elroy, 11/8 morning: Message 24037539 You guys really think this will go below $30? I'd say that is a low probability considering that we are in the typically strong Nov to Jan month. I'd say most likely scenario is the stock hovering around $30-31, but holding above $30. Then after a close at 29.63: mindmeld to c130jdriver, 11/8 evening, Message 24040067 Your guess is as good as any. Who would have guessed that Cisco stock would tank after such a stellar earnings announcement? I didn't. I do believe that the downside risk at this point is close to nil. The stock market is down in anticipation of a couple to several soft quarters ahead of us. Fast forward 3-6 months and this stock will be much higher. So you are right. You didn't say "close to nil" risk of going below $30. You said it about going lower than $29.63.