Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.94

+1.1%

Nov 28 9:30 AM EST

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To: Yaacov who wrote (50647)	3/29/2001 10:56:10 AM
From: Patrice Gigahurtz	Read Replies (1) of 77400

Yaacov: You raise an interesting question and in my opinion the bigger they are the harder they tend to fall. For example, (I am long a lot of CSCO @ $30) I failed to realize that if the stock is so widely held by so many people/funds then what happens when a large portion of those funds sells the stock ? It seems in my opinion that the volume on the down side is so large and fast that the price drops so suddenly and furious that potential catching knives buyers just stand back and wait for the selling/volume to stop. I am holding my CSCO shares because I just can't accept to sell at $16ish and besides if I did sell here I'd be carry forwarding that $3K limit tax loss against non-investment earnings longer than my expected life span.

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