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


To: craig crawford who wrote (11253)12/30/1997 11:30:00 AM
From: MulhollandDrive  Read Replies (1) | Respond to of 77400
 
>>I see everyone expecting the January effect like it's their god given birthright<<

Hmm, how do you see that everyone is expecting anything?
If you don't like CNBC, try reading IBD and check out their market sentiment numbers, or do they print mostly rubbish, too? My point as it relates to CSCO and overall market sentiment is that the overall market is not going to "punish" an individual stock like CSCO, dare I say especially a company like CSCO if overall market conditions remain bullish. I personally feel that the market is going to be range bound for at least a couple more quarters and won't be initiating long positions unless a stock has already "had it's guts ripped out" as you so eloquently stated. bp



To: craig crawford who wrote (11253)12/30/1997 11:34:00 AM
From: CharlieChina  Read Replies (1) | Respond to of 77400
 
It looks like CSCO is heading to the 50 level. It's been in a 4 week downtrend from its high.