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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 80.25+0.9%Dec 10 3:59 PM EST

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To: Jacob Snyder who wrote (49151)2/21/2001 12:16:03 PM
From: Stock Farmer   of 77400
 
Hi Jacob - For me to call a bottom on CSCO doesn't feel right. It's like watching a neighbors house burn and taking bets on when the roof falls in.

I'm going to pick $15. My logic: I asked my son and after a few questions like what did it used to be ($80) and how much was it last week ($30) and so on, then he said, confidently, "fifteen dollars". When I asked him why he was so confident he looked at me and said, point blank, "I just know".

I am completely out of my league when it comes to dealing with logic like this. But since it seems to represent the majority reasoning in the market... might as well ask people who think this way.

I expect to be completely wrong!

John.

P.S. If it goes below $11 you probably won't get to tabulate the results 'cause a lot of places like SI are likely to get eviscerated if the knives come out.
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