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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: Monty Lenard who wrote (35917)	5/22/2000 3:28:00 AM
From: THE WATSONYOUTH	Read Replies (3) of 77399

Re: "Now I know I will catch hell over this on AMD (BTW, I love AMD processors and think they will give INTC a run). But, AMD has a 10% (around $4)gap to fill down at mid 40 level. It will fill that gap. Maybe soon .. may be later but it will fill it." Do you follow AMD closely? I think not. Barring some unforeseen screw up (ex. ship new processors which get recalled), what will precipitate a return to the mid 40s?? It surely can't be just a $4 gap to fill?? Management has all but guaranteed record 2nd quarter revenues/earnings even after record revenue/earnings in the traditionally slowest first quarter. I expect over $1.50/share for the second quarter and perhaps $7/share for the year. What is your basis for shorting AMD??? It has held up perhaps better than any tech stock during this sell off. I think you are clueless regarding AMD. THE WATSONYOUTH

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