SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Uncle Frank who started this subject11/29/2000 1:14:39 PM
From: Mike Buckley   of 54805
 
Last night I wrote that volatility is something something people who invest in high-tech stocks can't avoid. Since the earliest days of this thread, many have driven home that point by using Cisco as an example that even the dominant companies in their respective markets are known to fall 40%.

We've now got two more examples. On October 30, Cisco's stock hit a low that is 45% off its previous high set in March. Despite that Siebel Systems is clearly the dominant player in the rapidly growing CRM market still in a tornado, it got as low $69 7/8 today. That price is 42% off its previous high set as recently as 15 trading days ago.

--Mike Buckley
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News