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

To: dav who wrote (22355)	2/10/1999 1:34:00 AM
From: VIXandMore	Respond to of 77397

I think CSCO has support at 90 and the NASDAQ at about 2200, so I believe most of this correction is over. However, I'm not a TA and don't have a particularly good track record of predicting bottoms (thought I'm still not yet deterred from trying...) I see this as a good buying opportunity, but as always caveat emptor. Good luck, -Bill

To: dav who wrote (22355)	2/10/1999 2:45:00 AM
From: ed	Read Replies (3) \| Respond to of 77397

No, I think we will see $63 soon , back to where we were before thelast split. Remember, last October we had the Asian Financial crisis and the Financial melt down of Russia. This time , it is the analysts, and CNBC talking about valuation, while we had a economic growth of over 5% last quarter , and Asia is under recovery, and the earning and revenue of CSCO is accelerated.I did not see a slow down of the economy, and the productivity of US is continuing to be improved, while interest will be held low without inflation. Especially in the second half of 1999, to first half of 2000 when Asia's recovery is in its full speed, we will see the world economy getting even better. Well, I do not know why these analysts predict that DJ will down to 7600 this time, and that CSCO will down to 63. The only thing I can think of to back up these kinds of prediction is these analysts need to keep their jobs, and continue to have a pay check from their bosses , who are the big boys want to get your shares cheap, and these guys from CNBC probably also draw part of their pay checks from these big boys. Well, you know, you always have to serve your boss right, or you won't have your pay check tomorrow !!!!!!!! Business as usual, next week the analysts will raise earning estimation of CSCO and issue a strong buy rating on CSCO , and CSCO bounces to $150 in three weeks, and stock got 2:1 split.The same thing just repeat over and over by itself. Analysts downgrade-----> Stock get hair cut -----> Big boys jump in , small investors got kickt out ----> Analysts upgrade the stock to strong buy -----> Small investors jump in ------> Stock start to bounce fast --------> Repeat the show all over again !!!!!!!!!!!!!