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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: GVTucker who wrote (50479)	3/27/2001 3:10:49 PM
From: chic_hearne	Read Replies (2) of 77399

I don't believe in coincidences like I saw on that day. I had been watching CSCO on level II for months the entire day and had never seen that type of buying out of GSCO. Then they trot out Abby for a bottom call that night? Come on. Remember, this was back in October where she could still move the markets 7% in one day (that's what happened). Maybe it wasn't Goldman ITSELF profiting from this, but the customers and funds must have got a heads up. You can say they don't play the gooroo games, but I don't buy that. I think they take calculated risks. Such as vigorously defending CSCO at the psychologically important $50 then making a bottom call that night. Or some TA levels that would indicate to them they have a decent shot of getting the movement they expect. At this point, I'd think many of the games are over and they're more afraid of sitting on inventory over night. Not back in the day where Abby says market is 15% undervalued and it jumps 7% the next day. JMHO of course.

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