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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.59-0.6%Jan 5 3:59 PM EST

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To: bambs who wrote (37101)6/5/2000 8:02:00 AM
From: techtonicbull   of 77400
 
I am not a short term stock player like you, however, as a professional in the business, I believe that short positions have their place only if the investor is prepared to take unlimited risk, or can set stops and take a loss. The natural tendency of CSCO as other great technology large caps is "up" not "down" historically.

It makes sense, companies are keenly aware of their stock prices, and will do everything possible to increase top line growth always. The only "fly in the ointment" is if there is a cataclysmic market event like a war or a bad spike in inflation. Or , the management changes or the company screws up royally. Generally with the large cap techs this does not happen. And if it is happening you can have the time to see it coming and get out.
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