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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 58.72

-0.4%

9:30 AM EST

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To: RetiredNow who wrote (22033)	2/5/1999 1:17:00 AM
From: jach	Read Replies (2) of 77393

Very heavy insider selling at around 70$ biz.yahoo.com Seems like the chairman thinks 70$ something is a good price. Now we can see it's definitely way overpriced now. Look at the number of shares sold. Seems like getting out from csco in a big way. That's why 1999 and going forward will be margin pressure years for csco. LU+ASND, NT+Bay, the many many startups will drive the margin down because of extreme competitive pricing. Why would one still hold csco when insiders are getting out in such a big way. imo.

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