Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.26

+1.2%

Jan 15 3:59 PM EST

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To: Jacob S. Rosenberg who started this subject	8/9/2000 9:07:19 AM
From: bambs	Read Replies (4) of 77400

It's simply amazing how one cent above an earnings estimate that was set to be beaten can create this kind of excitement. I will congratulate the longs of the increase in share price. Although, I will argue that the price is not for long term investors. It seems that you could get a nice run until even the end of the year. Wall Street has decide to have a party and CSCO longs are all invited. Ed Forest and Uncle Frank talks about class as they insult and prove their rudeness daily....Well I'm here...I'm congratulating the longs. You bums were never around when I called CSCO a short twice at $70 and watched it slide to $55 and $50. You bums have the Wall Street pump and dump crowd on your side. Big money pushing CSCO because their jobs depend on it. The will do their best to push CSCO because all the little garbage stocks will pop with the futures. Looks like they will gap CSCO right over $70 and then we will see where the week will take us. Don't get me wrong, I am not bitter. Text often reads misleading and conveys emotions that aren't there. I am a trader. I will trade...I am more then happy to buy up this crap as it squeezes and then set up my shorts again when the next slide starts. It could be this week...it could be next month. The one thing is...I will never get caught holding the bag. The public will because they don't understand valuations. They don't understand that analysts estimate earnings by talking to companies like CSCO and the numbers are set up to be beaten. They are in the job of selling stock! The have perfect there little system and the public, corporations and the government are more in debt, more in equities, and have less real savings then ever before. Wall Street is making more money and high profits then ever before. Happy trading, Bambs P.S. I expect CNBC will start calling this the beginning of the fall rally if Dell's numbers are o.k. and hype the how thing up. Then if Bush continues to lead in the polls they will hype up the fact that MSFT and Tobacco will be out of the courts if the new government has thier way. MSFT back to $120....futures through the roof...pump and dump...O'yea!

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