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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: RetiredNow who wrote (50136)	3/20/2001 9:43:33 AM
From: RetiredNow	Read Replies (4) of 77400

Hi thread, I think I'm about to short Cisco for the first time ever. I really think they are about to take a big bath this quarter. All my reasoning and the evidence from all the articles I've read points to it. So I'm going to wait for the pop from the Fed rate cut and then short all the way to $16. I bet it goes lower than that when all the bad news starts coming out, but I'll take $4 and change. Then when Cisco hits $15, I'm going to load the truck up with my profits from the short. I think this might take about a month. By the time Cisco releases it's earnings in May, all the bad news should be out. Wish me luck all! This is about as risky as I get. Last time I shorted a stock was in 1998. Or was it 1999? I can't remember, but the stock was PSFT and boy did that sucker come down.

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