SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (12684)2/25/1998 7:21:00 PM
From: Perry  Read Replies (1) | Respond to of 77400
 
<<However, it is below average volume, and volume shouldconfirm the trend, so up 2 on lower than average
volume seems a bit quirky to me. You would think that a percentage gain like that would be come on higher
than average volume.>>

Like I said the volume is lower than I would like but this is in line with how the stocks been trading in the near term. In fact one could argue that the previous price weakness was a fakeout since the volume recently on these previous days was only 4-5 million (as I recall). Anyways, light volume or not I like it when CSCO goes up. It's been lagging quite a bit.

Does anyone have information on what CSCO presented at BARS this morning? Maybe this had something to do with the price movement?

Perry



To: MulhollandDrive who wrote (12684)2/26/1998 12:25:00 AM
From: Judy  Read Replies (1) | Respond to of 77400
 
bp, note that NWX closed above its 200-day mav on 2/19, CSCO providing the strength of course. CSCO has been trying to breakout since, the cummulative buy volume is NOT insignificant. My sense is that most professional shorts have covered and now we are seeing some real buyers.