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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.03-0.3%10:06 AM EST

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To: The Phoenix who wrote (44440)12/12/2000 2:43:58 PM
From: bambs  Read Replies (1) of 77400
 
csco bounces off $45..and you show up here to shove it in my face...that's the big joke! You have been lurking and waiting for an excuse to attack me. You are trying to get revenge on me for some reason. You can't stand being wrong. I have been attacked all year even though I've be right. I have barely retaliated.

You will be sadly disappointed when this little pop in the nas and csco gets sold in the coming months...we will be making new lows in the new year and the dip buyers had best be ready to take profits...myself included.

The only think I have ever really objected too is that you and other longs hang out on this thread and tell the world that csco is a great long term buy. You made comments on LU about little downside risk. I think this market is going down and stocks like csco have little upside to be gained and have a great downside risk. Any night vendor financing or cap ex spending news could crush the little pops we see in these stocks. For the average investor, csco is a bad investment for the long term. That is my opinion. If you don't like it that's fine. Feel free to argue the issues I raise. I have listed many reasons today why csco is full of downside risk. I will continue to say that longs are in denial if they fail to recognize the macro economic factors out in the real world and acknowledge how these factors will affect csco. It's one think to buy for a dip and sell out in the pop. It's another to do that while posting on chat boards that csco is a good long term buy. I think that some longs aren't being completely honest when they post on these boards. The talk about long term buys here and then and plan to sell for a five or ten point gain in a week or two.

bambs
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