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

To: Raiders who wrote (13835)	5/3/1998 10:33:00 PM
From: LWolf	Respond to of 77400

Raiders - interesting... hmmm.. hadn't speculated on the number of points in the immediate future,....FWIW here's my reading of the tea leaves (the crystal ball is a little cloudy right now)! Stock may move up a little more; maybe another point or 2. I'd be surprized to see as much as 5. After earnings, I think a lot will have to do with how Chamber's paints the next quarter and remainder of the year. If John has some pretty aggressive projections that would cause EPS to be revised upward then we'll see a continuation up, but I don't know how fast. CSCO has gone up almost 10 points in the last 6 weeks... that's a lot! It needs a little breathing room. To tell you the truth I would expect some consolidation to start happening end of week or next. Then as we get about mid-term of next quarter if there are no warnings, we'll probably see a very strong push on the stock (given that market conditions hold positive). I have some July calls which have a little time for variance. :)) Laura