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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.90+1.1%10:38 AM EST

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To: Jacob Snyder who wrote (52372)5/6/2001 8:44:38 AM
From: Jerome  Read Replies (1) of 77399
 
Are you going long and short CSCO as you were AMAT (Which I think is still a good strategy).

Something else to consider. A few years back it was said that wall street climbs a wall of worry. That could be what is taking place now.

It is my impression that there are a few multi-billion dollar companies that have a very good long term outlook, in spite of todays trashed prices. Those companies would be CSCO, SUNW, and ORCL. All three are about $20.00 a share. Some short term trading in all three should be quite profitable for the next six months.

Your Nasdaq 1000 scenario sounds quite plausible. Remind me in August to start building cash or at least take some defensive positions.

Regards, Jerome
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