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Strategies & Market Trends : Groundhog Day
QQQ 608.86+0.1%Nov 14 4:00 PM EST

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To: Peach who wrote (3030)5/3/2002 3:37:51 PM
From: Jorj X Mckie  Read Replies (2) of 6346
 
LOL! Well, it started sucking when I left. Before then, it was a great and innovative company.<g>

CSCO is my single largest holding (short or long). Mrs. McKie won't let me sell anymore of it. But, I have been selling calls on it every month since December. If it gets called away, I won't be too upset. In the long run, CSCO will probably do quite well. But I would have to agree with you right now.

Smartest thing that CSCO could do with this earnings report is to give a bleak outlook. It will cause a little FUD in IT departments deciding whether or not spend money and will drive the stock prices of their competitors down even further. CSCO can weather the storm a lot longer than their competitors.
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