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

To: Ibexx who wrote (15135)	7/17/1998 10:28:00 AM
From: Wayners	Read Replies (1) \| Respond to of 77400

I also think CSCO will have a run but here's why: 1. Earnings release on 4 Aug 98 2. Expectation of a stock split announcement in conjunction with the announcement. 3. Technically bollinger bands very tight and starting to widen as CSCO tries to break out above $96. This means high implied volatility--looking forward. Large move expected in near future--up or down. Bias for move in the direction of the trend--up of course. 4. Price reached all time high yesterday--showing attempt to run. No overhead supply of stock. 5. Very solid uptrend--plenty of demand in excess of supply for the stock. Very Short Term hinderances? 1. Options expiration. Natural strike pinning to near $95. 2. A little bit more than 2 weeks till earnings.

To: Ibexx who wrote (15135)	7/17/1998 11:55:00 AM
From: Eric	Respond to of 77400

Ibexx I agree. When Cisco makes these kind of moves, along with the tech sector going up we are in for a good rally through the summer months. Also noted this morning that CS First Boston upgraded Cisco and 3Com to strong buys. Boy this stock is strong, looks like we will blast through 100 quickly! Eric