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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Boplicity who wrote (26613)12/21/2000 2:02:34 AM
From: Uncle Frank  Read Replies (3) of 65232
 
>> You might wonder why I have join in with you on the darkside. I have four letters that did it to me. CSCO! the drop in CSCO and it's still obvious high pe. CSCO is no longer immune and a cut above.

Greg, Cisco fell as a result of a sector collapse due to Foundry's earnings warning. Shouldn't we give it a day or two before we judge her dead and go into the sell side mode?


The Bears are in the same euphoric state the Bulls were last year at this time. Joining them now might be equivalent to buying qcom at 200 last January. It seemed you felt that way 2 days ago.

uf
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