Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

+0.1%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark The Trader who wrote (50116)	3/16/2001 10:20:25 PM
From: TobagoJack	Read Replies (1) of 77397

Hi Mark, Being a day trader who does both long and short, you are obviously not in denial but realistically trying to scalp a head here and there. While being busy doing the hunt, consider that CSCO may go to $2.5 (I think $6 is obviously a more likely number only because it is higher) IF ... Leverage and unemployment driven redemption happens to the equity funds, forcing them to sell anything remotely liquid at bid-less prices. This possibility is more possible with each passing floor. Only a matter of psychology. <<Are you also assuming that we are on the verge of the next great depression??>> Why is this not a possibility with a higher probability than, say 4 weeks ago? Have the central bankers gotten that smarter? Do they even have the tools available to do their job? <<Is technology just going to stop are we going to regress?>> Clearly not, but this has little to do with valuation. Tech shares had sold for book value before, and can easily do so again. Why can the mirror image of an upside mania occur when it unwinds? Just because we have not seen it before live and up close? Message 15499309 Chugs, Jay

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next