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Pastimes : I've Been Dubbed A Clown and Banned

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To: Venkie who wrote (318)4/6/2001 1:33:37 AM
From: GrillSgt  Read Replies (3) of 1735
 
Let them have their fun. In their hearts they know their days are numbered. Oh, how these schmucks have gotten cocky. Everyone knows the story with Dell. Everyone knows they are going to meet revised estimates. So the rally can be attributed to Dell? So what happens when we get Cisco estimates finally down low enough so they can "beat by a penny" as well? What are these idiots going to do if we get a cycle turn at the top of one of these "bear market rallies". Cisco Systems at 14 bucks? One of the key ingredients of the technological revolution and people can't seem to buy the first major opportunity in 5 years. People don't want to buy it at 14..they want to pay 20, 25, or 30 as market sentiment improves over the next several months. I call this the visibility correction. Blame it all on Reg FD..that's why the earnings shockers you are seeing. Estimates estimates will get pegged soon. We will live with a lower growth rate. CSCO will be 40 again. Valuations won't matter again just as they have never. We just need positive sentiment.
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