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

To: Sonny who wrote (16433)8/28/1998 11:32:00 AM
From: Joseph G.  Read Replies (1) | Respond to of 77400
 
Holding my shorts to $48 pre split - $45 is support. Not today or tomorrow, but soon enough. -g-

Lots of small speculators bot it for the split, and even at $45 P/E will be about 30 - not too cheap in my book for a large cap with rapidly deccelerating business.



To: Sonny who wrote (16433)8/31/1998 4:54:00 PM
From: Sonny  Read Replies (1) | Respond to of 77400
 
<Weak hands may get flushed-out all the way to 75!> ...

looks more and more achievable now, much faster than I thought ...

In addition to weak hands, margin calls may also make them flush CSCO and flush more and more!

Sonny.


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