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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: James F. Hopkins who wrote (41054)10/18/2000 3:09:52 PM
From: GVTucker  Read Replies (1) of 77400
 
Jim, this morning was the first time that I saw panic in this market's decline. That made this kind of bounce possible.

The problem was that within a few minutes of the bottom, I was receiving calls/emails from almost everyone I know on the Street telling me that this was the panic bottom.

One of the great sayings that one of the old veterans told me early in my days on the Street: "The market is going to go in a direction in order to screw as many people as possible."

I'm just gonna sit like a deer in headlights and do nothing. This may be the greatest buying opportunity since Russia blew up, but I ain't playin.
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