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


To: Smart Investor who wrote (25439)5/11/1999 8:25:00 PM
From: James A. Shankland  Read Replies (1) | Respond to of 77399
 
Great revenue growth and earning. MM should open this baby at 120 tomorrow. After all, it is already at 116 in after market.

We'll see. I'm not quite that optimistic. My crystal ball shows a runup to 114-117 first thing, followed by a pullback (in both CSCO and the Nasdaq) over the next week as options expiration approaches.

Great report, I agree. However, I see it as mostly already priced into the stock. CSCO remains a terrific core holding, but I don't see a large, near-term upswing.

Of course, I could be wrong. I'm happy if I get 2 out of 3 right.