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

To: The Phoenix who wrote (22764)	2/18/1999 1:16:00 AM
From: Jorj X Mckie	Respond to of 77400

OG, CSCO broke a double bottom support level at $96 today. Next support is at $90. LU is currently sitting at a support level at $96 and has another at $94. Next support after $94 is $85. LU gave sell signals first, but seems to be basing at this point. Neither chart looks terribly strong right now. But both look stronger than most others out there. My general market indicators went on a full sell signal on Feb 2, but in fact the yellow flashing light was set off in late December. If you recall last August it took sometime for the affect to be felt by LU and CSCO. By the time that they were hit we were beginning to see the light at the end of the tunnel. The big boys are the last to get hit, but also the first to recover. Not a recommedation to buy, sell or twiddle your fingers. JXM