Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.94

+1.1%

Nov 28 9:30 AM EST

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To: lawdog who wrote (34502)	4/30/2000 5:22:00 AM
From: JDN	Read Replies (2) of 77400

Dear lawdog: Forgetting CSCO specifically and just talking generalities, I believe if you investigate further you will learn at least these two facts: 1. It isnt the private INVESTOR who is causing the volatility. We all have stood pat through all of this. It is the funds and the increasingly important day traders who are creating the volatility. Fund managers are under incredible strains and tend to jump at the least bump in the night and they are also lemming like. 2. So long as the $$ remains strong (and if anything its too damn strong now) people overseas will always invest in this country. One, they have the chance of capital gains, which havent been shabby, but just as important to their thinking is they protect their base from erosion due to currency devaluation. JDN

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