Cisco Message Board - Msg: 14797613

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Technology Stocks : Cisco

CSCO 72.11

-0.3%

Nov 5 3:59 PM EST

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To: Eric who wrote (260)	11/13/2000 1:06:25 PM
From: The Phoenix	Read Replies (1) of 405

Eric, Well, I'm sure there will be a buying op.. but I'm watching and waiting. Selling may continue as margins calls come into play which they're sure to do as we hang below 3000... this will push us further down. Short covering may hold us up but that remains to be seen. Buying is something you do when you want to... selling sometimes is forced which puts a downward bias on this market. So, I'll watch and wait and add when it looks like we are moving up again... no need to rush... I have plenty of cash ready to go to work. ;-) Still, this is a painful thing to watch. CSCO is a strong company but sometimes macro factors take a front seat.. and this is clearly the case at this time. OG

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