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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.26+1.2%3:59 PM EST

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To: The Phoenix who wrote (44380)12/11/2000 4:45:09 PM
From: bambs  Read Replies (2) of 77400
 
Seems to me that you and the other bears better hope Bush loses today.

OG


First of all...I'm not short...second...I am not hoping for a Nasdaq going to 1000. I think it will go there over the next few years. I DO NOT HOPE IT! I wish that companies will continue to grow earnings and the stocks will go up...I don't think that will happen... HOPE has nothing to do with it...You bulls love to make us bears out to be villians like as if we hope for companies to fail...That is not the case. I think csco will not grow actual earnings as expected over the next 5-10 years. I think investors that buy here for long term will not do well. I think INTC continue to grind lower after this run is over. I think their operating earnings and gains from investments will decline over the coming years. I think that if you look through the list of tech that has bounced you will see that this rally will be out of gas in no time. There are many people that want to bounce this market as much as possible through the rest of dec...They might have there way...for the month. But the trend will continue...You bulls love to celebrate on every bounce...you've done it all year... Nasdaq isn't even over it's 50 dma. I am just trying to be rational...trying to figure out if earnings are going to grow much next year and if the nasdaq will go up or down...my hopes and dreams have nothing to do with it...I am trying to be logical!

look down the list of stocks that bounced in the last week or so...how much farther up will INTC, IBM, DELL, CSCO, ORCL or any other big cap tech go...looks like YHOO is going down for the count here..dot.coms with it. Many stocks won't bounce back...I am watching the BBH closely...it's gonna run out of steam soon. BBH is full of hype and hope and will run out of gas soon. The first sign of weakness you can bet me and piles of other people that play the short side along with the long will pounce on csco, intc, bbh and any other over valued stocks or indexes.

bambs
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