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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 81.16

-2.4%

3:59 PM EST

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To: Jacob S. Rosenberg who wrote ()	4/18/2000 10:07:00 PM
From: bambs	Read Replies (2) of 77400

Here's a chart that makes me think we should retest that last low. Time will tell. contraryinvestor.com I don't think it's fair to infer that anyone who shorts CSCO is a fool. I'm sure that there are many people who are not fools that have shorted CSCO and made money when the time was right in the past. It did move from 82-55 in the past weeks and I would bet that many pro's have got a good piece of that move on the short. I think it's funny how people fall in love with their stocks and can't seem to take anyone even suggesting that a pull back is likely. I think that if the market rolls over in the next week we can bet on CSCO at least testing $60. Gary asked why I didn't short at $70 today...I think you know the reason. How about a record up day for starters. I will wait it until a gap or morning run that I can short and hold green. If the market pulls back hard intra day I will hold my short over night see where it takes me. Good luck, Bambs

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