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


To: wogger who wrote (24767)4/29/1999 7:26:00 PM
From: Henry Niman  Respond to of 77398
 
Maria Glassel, VP Equity Marketing, Prudential Securities was on CNBC tonight. Companies mentioned included CSCO, INTC, XRX, TX, WCOM, BAC. A synopsis on the segment is linked to the CNBC Specials page at netcognizance.com
CSCO was a "must own" if believe in Internet



To: wogger who wrote (24767)4/29/1999 9:39:00 PM
From: DiB  Read Replies (1) | Respond to of 77398
 
FWIW: Commentary from Thomson Investment Network:

"CSCO -- Netwrk & Comm Dvcs -- Technology
29-Apr-99 11:49:45 Shares of Cisco Systems remain under water today for the third consecutive session. The stock is down $3 3/8 to $108 3/8. Institutional-related trading as measured by block volume is at moderate levels with about 25% of total volume stemming from block trades. The most likely sellers are momentum and aggressive growth oriented institutions who focus on near-term earnings and price targets and have relatively high turnover rates. The firm's I-Watch chart shows a recent sell offer at $108 3/4 which is a bearish sign for the stock - we would expect to see a trailing off of new sell super messages as the stock's price falls. On the flip-side, the rate of new buy super messages has picked up - this suggests the demand for stock at current levels is strengthening and a balance between demand/supply could be restored in the near-term. At the current time, momentum remains on the side of the sellers."