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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread
CSCO 71.08+0.1%Nov 7 9:30 AM EST

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To: Monty Lenard who wrote (176)11/28/2000 4:22:59 PM
From: bambs  Read Replies (1) of 253
 
monty it doesn't matter....

the fact remains that he calls stocks like LU a good long term buy at $50 and all the way down to $20....NT in the $60's then $50's and I haven't looked lately but I'm sure he must still be calling it now.

CSCO $100 target earlier this year...I said better short then a long at $70 and that's the fact. I also called for Nasdaq 2500 and was told I was an idiot...getting close. I said it would happen this year and 1500 next year if things get ugly in the credit market...things are getting ugly in the credit market and i think 1500 is a given now.

CSCO $25 will be seen with in a year...I am not short though...why? cause I short garbage like NUAN, ELNT, AETH etc. Stocks the move. Trading csco short now is almost as bad as trading it long. It doesn't move much. Why bother.

If you note...Gary says that my long term perspective is a month...I argue that his must be considering he said his LU call was a good one. Long term buy at $50 with "little downside risk." How the hell is that a good call...he jusifies it cause he says he sold for $70...well good for him...I never argue that he did or didn't..I just complain that he shows up on these threads and call stuff a good long term buy and "little downside risk' then he says he sold later for profit but never bothered to tell the thread....well that's even worse in my oppinion...Nice guy! tells people that is a good long term buy and little risk then dumps and disappears only to show up a month later when the stock is smashed again in the $30's to call it a good long term buy agian...then he sells again fro profit with out telling the thread again....I think this practise is often referred to as "pumping and dumping".

bambs
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