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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: techtonicbull who wrote (39763)	9/5/2000 8:36:10 PM
From: bambs	Read Replies (1) of 77400

who's the roach? I was here and called CSCO a long thursday morning. check the time. I called for the retest of $70 as it was looking to break $67 1/2. I went long a thousand shares @ $67 1/4 and then sold out as it failed to break $70 on Friday. With the INTC down grade news out today I felt that CSCO would suffer. It sure seems to go down faster then it goes up. Your childish attacks show your lack of conviction in CSCO. I have been taking holidays like most traders of the last week and have posted less, granted. I played csco long on thursday and friday as I felt that the fail momentum could push csco over $70 and lead to a break out just like INTC had of late. It seems that this early september downgrade talk may suck the life out of the nasdaq market. We will see. I may go long CSCO again if the momentum turns and it looks like it could break out over $70. I prefer to ride it up for the test and then dump and short on the failure. I think that with the fall rally hype and election spin by CNBC and wall street could lead to a short term break out in stocks like CSCO. I will trade into these opportunities but I would never consider or recommend being a long term CSCO investor at this level. I will always maintain that CSCO is over valued at this level and is a safer short then a long around $70. The stock has a better chance of retesting $50 in a hurry then it does of going through $90 in a hurry. I will continue to comment when I see the good opportunity to trade CSCO. $67 1/2 was a clear break out. Todays short on a failure of $70 and market sympathy from INTC was a clear trading (money making) opportunity. In the future keep your bitter attacking comments to yourself. Message 14306838 Bambs

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