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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.23

-0.5%

Jan 6 3:59 PM EST

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To: bambs who wrote (43185)	11/8/2000 9:08:45 PM
From: Monty Lenard	of 77400

"have the courage to come here and admit being completely and totally wrong" I would not hold my breath on anyone here saying they were wrong. The egos are just too big. I have a very large client base that are in most every business imaginable and I see 200+ financials every month from this crosssection of businesses. It has just begun. I read Fleck every nite. He has been wrong for a while but only because no one can call the end of a mania ....that is why it is called a mania. I find Fleck gives a pretty good reasons for his positions. As for T. I was long T until they floated the biggest bond issue EVER. I sold it then with that particular broker screaming at me the whole time not to sell it. If they were that well of why would they need to borrow that much money. Now they are borrowing to pay CURRENT debt!!! Not good. I agree they are in serious trouble here. I do think LU is a possible buy here. As to how low all this can go I really don't know but I do know it ain't over yet. Still too much funny money out there. I tried a couple of longs today off good support just to test the water but had to back out of them. I do that as an acid test. I mean stocks that usually track good on my charts. This thing still acts like a bear and as I have said before I will treat it like a bear till it proves otherwise. Most of the people in this market today do not have a clue how much fun a bear market can be. It is relentless!!! Just enough rally (STRONG ONES) to keep their hopes up. :-) MOnty

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