INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Berney who wrote (10187)	8/9/2001 2:36:04 PM
From: Jurgen Trautmann	Read Replies (1) of 11051

CSCO too enjoys "intrinsic support" ng ng ng Hard for me to accept what I see: I'm long with GE and short with CSCO - but the usual better informed so called market is obviously considering facts I don't have available. When I look at the facts, they're bying a company that has not even a small chance to produce growing during the coming two years - more, they pay about 150 times the "earnings". OTOH the consensus for GE is more than 15% continous growing - not bad in this market. Even a look at the charts cannot make clear why I should buy csco - there's no support in sight, no bullish pattern while GE just has crossed his downtrend holding above the second day. Who can enlight me? Greetings out of the dark! Jury

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