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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.22

+0.1%

Nov 24 3:59 PM EST

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To: The Phoenix who wrote (35764)	5/18/2000 9:19:00 PM
From: Monty Lenard	Read Replies (2) of 77400

No I said I wasn't going to say anything on the INTC thread. Hell what do I have to gain other than a lot of little Ed's running around. Heck look at SUNW. INTC has some problems that no one will admit till it is too late. "Understand INTC before you go after it." Gary, it won't be the first time I have shorted INTC. I have done quite well shorting INTC. They said the same thing about LU when I shorted it at 74 and change. They said the same thing when I shorted AMD at 92 and change(the day it made a new 52 week high) and I was told not to short MOT in the 170's because it was a wallstreet darling at the time and one should never short a wallstreet darling. The nice thing about INTC is that you don't have a lot of upside before you know if you are on the wrong side of the trade and the downside is just to much to pass up. I see the CSCO support at 53 1/8 and it will probably bounce there but I suspect it will be temporary. As I said I have a GTC order at 50 1/2 and really fell I am paying too much for it there but it should be a good long trade there. We shall see. I could be wrong. Monty

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