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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.40-1.4%3:59 PM EST

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To: Jacob S. Rosenberg who wrote ()4/24/2000 9:25:00 PM
From: bambs  Read Replies (2) of 77400
 
I don't know if I'm watching the same market as the longs on this board. I see CSCO making a right shoulder before heading lower. I saw the NASDAQ futures coming with in 75 points of a lower low (3150 hit recently). I saw a typical late day buying as the masses hope for a bottom. I see more earnings coming this week, more disappointments and capitulation to follow. I see fat overvalued stocks like CSCO about to take the bath they need. I see margin pain coming to those that don't see the writing on the wall. "THE PARTY IS OVER!". "REALITY COMING", "CSCO HAS NO CHANCE OF GROWING AT 50% A YEAR FOR THE NEXT FIVE YEARS" "P/E's MUST COME INTO LINE!"

The choice is yours...continue to dream and watch your profits drift away or capitulate!

Bambs
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