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

To: The Phoenix who wrote (11516)	1/12/1998 12:53:00 PM
From: Lucretius	Respond to of 77400

<<I'm not sure that response to JRH was neccessary>> Possible. I just don't like someone implying that I'm looking at a pre-split chart and making some childish, foolish error when the shoe is actually on the other foot. Not very nice of them. Wouldn't you agree? If CSCO meets, I still say it goes down. If it beats, we'll stay in a trading range, and neither of us makes any money. I don't see new highs until this mkt gets well, which looks to be a while. At this point, I just see many more reasons for CSCO to go down than up. And as I've said, I'm being told they may slightly miss numbers although this is unrelated to Asia. My source could be wrong, though. he has been before. So, I'm left w/ my earlier comment--Risk/Reward-- Would I buy CSCO here w/ a possible 5 to 10 point upside when the downside is so much higher in a possible bear mkt. Not for me. Plus, the chart is saying sell. Weak rally two weeks ago to get us above the 50 dma, and then a collapse last week back below the 50 dma on MUCH heavier volume. I guess we'll know very soon. Good Luck to us all. -Lucretius