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 75.89

-2.0%

9:34 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wyätt Gwyön who wrote (50221)	3/20/2001 10:48:51 PM
From: Eric	Read Replies (1) of 77398

Well I wasn't too surprised that Alan and Co. gave us only a 50 basis cut today. I left the house before the market melted down, Ouch! But I bought some more stock and will really start taking a position with about 25% of my cash that has been burning a hole in my pocket. Only been buying some biotechs adding to my position from December. Looks like we get another 25 to 50 basis cut next time and then only 25 basis cuts unless things really melt down. So more slow bleed in the Naz with and this is a guess a bottom of about 1700 and the dow will move lower to about 8000. Bottom should be here in about a month. Saw a good story last night on Jim Lehrer's News Hour show on PBS about Japan's dire situation. In one word...deflation. Japan wants to devalue the yen slowly. Hmmmm... Guess what will happen to our Dollar!!! Eric

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next