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


To: Jeff James who wrote (13216)4/7/1998 10:33:00 PM
From: surfinSteve  Respond to of 77400
 
My take on today's price movement: Lots of techs sold off during the day and then in the last hour or so buyers moved into the most "desirable" issues. Bad news and general sell-offs seem to drag down the whole tech sector, or at least big portions of it, then the bounce back is more selective and shows where the next leaders can be found. I think this action is very bullish for CSCO near-term.

By the way, my other "hot" holding, CMGI, was also way down and then ended up 2 points on the day! JMHO, FWIW...