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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.46-3.7%Nov 20 3:59 PM EST

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To: Monty Lenard who wrote (48819)2/11/2001 2:15:29 PM
From: t2  Read Replies (2) of 77400
 
Are you kidding? 200 shares! All that noise over 200 shares? The way the venom has been flying around this thread, I would've guessed six and seven figure exposures were at stake. Are you sure it's not 200,000?

What does one make shorting 200 CSCO at 82, and covering today anyway? $11,000!


Good for you on Cisco...assuming you held your short position that long.

As for JNPR, one has keep evaluating market sentiment and I not set in my ways that I would ride a stock down like JNPR. I did sell a lot into strength when it rallied into the high 130s.

I am very aware that any bounce in Cisco will be small unless they do something like a massive buyback plan to give investors confidence.

I am not going to miss out on stocks that may be unfairly hit due to Cisco problems as well as the negative market sentiment.

One just has to look at the trillions in sidelines cash that Greenspan has the power to release into the stock market. The money market returns would be too low to keep funds in there and the stock market will benefit.

This is the week things turn....I am confident of it and I am trading trading as aggressively as I have ever done into the coming week as it will be the turning point, IMHO.

BTW---I am not going to take personal shots at you the way you were doing. If you want to debate stocks or the market, I have no problem with it.
..and just because I am posting on the Cisco thread, it may not indicate whether I am long the stock...It is just the best place to find the most bearish peopl.....who are worth listening to (sometimes). At this point, I am sticking to the aggressive bullish position on stock and options.
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