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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.95+0.2%Dec 5 9:30 AM EST
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To: The Phoenix who wrote (43115)11/8/2000 2:17:22 PM
From: Wyätt Gwyön  Read Replies (2) of 77400
 
Now CSCO appears to be the whipping boy of the sector

I disagree. Look at CSCO, down about 3-4 points from where it closed prior to earnings. Contrast that with BRCM, which is down over 60 points since CSCO earnings. That is why I wonder why people bother shorting CSCO, since there would seem to be a lot better shorts out there. Not that I think CSCO is a buy, but it is like a blue chip among highflyers, so I think any erosion would be slower than among lesser lights.
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