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


To: Eric who wrote (15045)7/14/1998 12:20:00 PM
From: Ibexx  Read Replies (1) | Respond to of 77400
 
Eric and thread,

The following is taken from today's Technical Outlook by Ralph Acampora of Prudential Sec (in excerpts):

" Cisco Systems Inc. (CSCO - 94 1/4), is rated a fundamental buy by Prudential Securities Research Department, appears short term to have consolidated recent gains and may appear ready to resume it's major uptrend. A break above $95 1/8 would indicate higher prices with target of $108 and then $114. Support on the stock is at $90-91. There is no resistance on the stock.
____________

Ibexx

PS: For those who are unaware, Ralph A. is a TA guru, regular guest on the Wall Street Week.



To: Eric who wrote (15045)7/14/1998 2:38:00 PM
From: StockMan  Respond to of 77400
 
Erik,
Re -- Looks like we will break 100 before then.

Are you still thinking of selling covered calls because the fundamentals are so great!!




To: Eric who wrote (15045)7/14/1998 2:44:00 PM
From: Dennis  Respond to of 77400
 
wow, i just got back. I almost sold this morning. Do you think we will see a split this time around??