Groundhog Day Message Board

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Strategies & Market Trends : Groundhog Day

QQQ 625.05

+0.1%

Dec 9 4:00 PM EST

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To: Jorj X Mckie who wrote (3756)	5/8/2002 12:47:14 PM
From: Augustus Gloop	Read Replies (2) of 6346

Its so hard to say on these explosive days. I really don't like them as they leave gaps all over the place. I thought the CSCO news was good but its still over valued. In addition lets face it - one company can't carry the market........least of all at 2% growth. It looks like everyone forgot MSFT, INTC and IBM are all goat suckers. That doesn't even take into account all the peace breaking out all over the world! Why didn't CSCO keep the earnings and trash the rest of the telecom world. They could have scooped up their competition for a song and made great leaps in market share. I would rather doubt that the shareholders of these other telebombs would have been unhappy to be taken over by CSCO. For most of them thats about the best they can hope for

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