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


To: Danny Boy who wrote (15065)7/15/1998 11:48:00 AM
From: The ChrisMeister  Read Replies (2) | Respond to of 77400
 
"Buyers are getting in for the long haul."

Hard to know for sure, but I tend to agree. It takes strong hands to buy a strong stock like this at prices such as these. CSCO stock's relatively low volatility compared to other NASDAQ big volume and big cap issues is the chief bit of evidence I see in support of this. So I don't think those shares will be parted with on a whim. Most people would look at any 10-15% pullback as a huge buying opportunity rather than as the beginning of the end.

ChrisMeister