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

To: TheInvestor who wrote (11384)1/7/1998 2:30:00 PM
From: Technician  Read Replies (1) | Respond to of 77400
 
CSCO is testing its 50d moving average today at around 55+, I think it
will take it out in the next session and close the gap between 53 & 54.

CSCO fundamentals are strong but PE is inflated and earnings have been
just meeting expectations, with defaltion fears and overall market gloom CSCO will trade at 50 before 60, I don't see any prospect of 60
next week whatsoever, the momentum due to january is dead.



To: TheInvestor who wrote (11384)1/7/1998 4:21:00 PM
From: JT  Read Replies (2) | Respond to of 77400
 
You are funny. I was like you very optimistic last year. This year the big picture is different. I still believe we may see 75 for CSCO this year.



To: TheInvestor who wrote (11384)1/8/1998 7:54:00 PM
From: thomas hayden  Respond to of 77400
 
CSCO trading down a dollar and an eighth on instinet after the market closed. Maybe it was in response to ADPT's news.


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