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The Company designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry and provide services associated with these products and their use.
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baillirw (68.19) Submitted: 3/25/07 2:23 PM : Start Price: $26.23 CSCO Score: -0.12
While I like the fundamentals in the underlying company, the reality is everything working in Cisco’s favour is already factored into share prices. Bulls point to numerous factors as to why you should own this company, but the reality is, no bears or neutrals are left to convert and that exactly what the charts are saying. Everybody who wants to buy Cisco already has so only profit takers are moving this stock. Until we start seeing a new catalysis, shorts and bears are going to dominate in every rally.
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fertilefunds (< 20) Submitted: 7/20/07 9:57 PM
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Catalyst will be strong Q4/EOY numbers. IBM hitting on all cylinders.......CSCO to really impress.
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