Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.32

-0.1%

Jan 30 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eric who wrote (55540)	9/21/2001 10:19:34 AM
From: Stock Farmer	Read Replies (2) of 77400

Eric - we may be close, or we may not. I am looking closely at the lines in the sand right now and they are just that. Lines in the sand. We need to see what Monday brings. And Tuesday and Wednesday too perhaps. We are inside the second margin-call cycle. Plus options expiration, plus massive funds flow. In this phase one should see value get hammered as it is liquid and holds value. So perversely it gets sold when there is an urgent need for cash. What we are seeing looks ver much like cash demand. In this case, folks aren't likely to sell tech. With speculative stuff that's been hammered there tends to be a "oh well, it was my speculative bet anyway" rationalization. Now, the question is whether or not folks will continue to hold these positions. Right now it appears that the answer is yes. John.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next