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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (15550)12/12/1997 3:15:00 PM
From: Judy  Read Replies (1) | Respond to of 50167
 
Tom, my dear, you must be less bored today. Yesterday when I checked my peoplemarks, you had 27 posts for the day. Today it was just 16 ... of course the day is not over yet!

CSCO is showing signs of technical deterioriation and should be a good short on retrace up. It should retrace up before the market closes to within the lower buffer zone of strike 80.



To: Tom Trader who wrote (15550)12/12/1997 9:13:00 PM
From: Nancy  Respond to of 50167
 
Tom,

<<Well we are getting them today -- looks like CSCO has broken and so has IBM>>

CSCO will come down further - the crack of networking started with ASND's prewarn, followed by CS, then COMS, ... all related to slow sales, inventory built up ...

Look at CSCO 10Q, under the breakdown of inventory, finished goods have jumped to 28% of revenues... bad sign.


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