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


To: The Phoenix who wrote (22753)2/17/1999 4:21:00 PM
From: player  Read Replies (2) | Respond to of 77397
 
If the market continues to be weak like today, the trading range will be between 80 and 95. There was support around 97 area and it broke through today. Let's see it comes back tomorrow. CSCO has been in very close relationship with DELL in terms of price in the past. DELL is around 80 now. People are spooked by slowing growth rate from DELL. I think market is gonna have some correction in the near future. I think most of earnings from major companies are out with the weak finale from DELL and time to cool down a little bit. Correction is not over yet until blue chip stocks gets the correction.

Just my opinion.