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


To: jach who wrote (17940)10/8/1998 2:37:00 AM
From: jach  Read Replies (1) | Respond to of 77400
 
WSJ's SmartMoney said BUY csco now ---

smartmoney.com

As fast as it came down CSCO can also go up quickly. Around 50$ target by end of next week at option close.



To: jach who wrote (17940)10/8/1998 1:49:00 PM
From: Byron Xiao  Read Replies (2) | Respond to of 77400
 
<mkt did went up quite good in the early going, nasdaq was bad though, didn't seem to have any steam left; imo, it should go up if not today tomorrow as networking sector is way too much oversold>

Well think again. who'd thought in August, when NAS-DEAD hit 2028, that we would've seen a 33.7% decline in 2 months. Think about it, to get back to the all time high, NAS-DEAD will have to go up 50% from here. It's dead for about the next couple years. I would rather put cash under my pillow now than investing something in the NAS-DEAD.