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


To: jmac who wrote (15662)8/4/1998 5:12:00 PM
From: Robert Smith  Read Replies (1) | Respond to of 77400
 
Did you hear this on cnbc or that you are guessing ?



To: jmac who wrote (15662)8/4/1998 5:23:00 PM
From: CLint Doan  Read Replies (2) | Respond to of 77400
 
Jmac,
Yes. It is 99 11/16. After the earning announcement, CSCO was trading between 92 1/2 - 93 1/2 and suddenly 1000 shares bought at 99 11/16. This is a very good sign, I think CSCO will be trading near 100 by tomorrow. I bought some option call today. So let hope it will go up. However, CNBC confirmed it is down by $1. Bad sign.




To: jmac who wrote (15662)8/4/1998 10:00:00 PM
From: macker  Read Replies (1) | Respond to of 77400
 
i didnt just mean the little investor, i was referring to the program sales that suck in the little investor into the herd mentality, then they know the timing of the re-entry, then the little guys get to get in higher, thats what i was trying to convey.

macker