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


To: The Phoenix who wrote (17095)9/15/1998 7:35:00 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 77400
 
Gary,
Thank god! My little universe was ready to implode. Do you realize that you and Stockman were actually taking the same position on the whole Clinton affair (eeuw look a double entendre).

Just to keep this on-topic. CSCO broke through a double top resistance point today. Generally considered a good thing. However, until DJIA goes through 8050, I wouldn't consider it a clear technical buy signal.

NT layoff is a clear indication that even CSCO's competitors see that the data->voice model is stronger than the voice->data model. I'd be surprised if there were not more layoffs/early retirements in the future.

And I have 1/3 more CSCO shares than I did earlier today.
tom