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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.32-0.1%Jan 30 9:30 AM EST

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To: The Phoenix who wrote (46189)1/6/2001 7:28:49 AM
From: SouthFloridaGuy  Read Replies (1) of 77400
 
Being incorrect in the bet was merely a short-term timing issue and INDEED CSCO's move down to $50 (but not breaking it) was more than you ever thought it would do at the time.

My theories from April which have been posted over and over again have been proven true as has my YEAR END target of CSCO of $35.

I think the Nasdaq could settle somewhere at 1500 when this is done. That's a full 40% downside from here. CSCO will be a major casualty on the way down as I believe the stock will settle in the high teens at the very best.
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