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


To: MulhollandDrive who wrote (11254)12/30/1997 12:32:00 PM
From: craig crawford  Read Replies (2) | Respond to of 77400
 
<< Hmm, how do you see that everyone is expecting anything? >>

Total nitpicking. Obviously nothing is 100%

<< If you don't like CNBC, try reading IBD and check out their market sentiment numbers, or do they print mostly rubbish, too? >>

I didn't say that I didn't like CNBC, I said most of the stuff they talk about is total rubbish. The key is to seperate the good from the bad. I do read IBD. No, most of what they print isn't rubbish. Most of their sentiment indicators portray BULLISHNESS, not bearishness.

<< 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. >>

Just wait until the C$CO disappoints. Besides, I don't think the market is going to be too friendly after the holidays anyway.

<< I personally feel that the market is going to be range bound for at least a couple more quarters >>

Now I know your stance on the market. My stance is techs are headed lower still in the next couple of quarters. Of course I will play it by ear.