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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.34-2.9%Nov 4 3:59 PM EST

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To: RetiredNow who wrote (56532)12/29/2001 7:30:55 PM
From: bambs  Read Replies (3) of 77397
 
Back on Jan. 1, 2000 I said I thought it would finish the year at $25 or lower. That was my call for 2001. I also said that I thought it would make a low near $15. I don't have the link to that call. But, both were pretty close...considering the event's of 9/11 it's no wonder that we have a see things rinse a little lower.

Message 15105179

Next year csco will close around $10 or under. It will also trade in the single digits for at least 30 days.

I expect to see INTC cut in half and trade around $15.

Last year my favourite pick was GOLD, HGMCY, PAAS, HM, SSRI and RGLD. This year I am calling more speculative gold plays. I still hold the other stocks and have added on pull backs. I like KGC and BGO for big moves this year. They are highly speculative but I think this could be the year that things will take of. I also grabbed 20k shares of GBGLF.ob under 35 cents. I expect it will tear when gold is finally let go and the reality of 1.5% fed funds rates and 15% m1 growth take root this year.

Happy New Year,

Bambs

p.s. when did you make your year end call? I remember you being bullish with Ed and the other permabulls at the end of 2000. I remember a pile of garbage talk about "don't fight the fed". Fed is just about out of bullets. what will next year bring. I say nasdaq 1100 ish. next year. Dow 6500. S&P 750 ish.
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