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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.05+0.4%1:50 PM EST

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To: sepku who wrote (9802)10/27/1997 7:04:00 PM
From: LordDarley  Read Replies (1) of 77400
 
<<Once CSCO hits 80 -- 81 again, I'm dumping my 2 year hold. What a tired hag of a stock>>

Does my recent scepticism about 20% sure gainers, expressed mainly for the benefit of younger investors on this board, still raise eyebrows in Idaho?

We are in for a very long haul before people regain confidence in stocks, even at today's closing levels. Too many want out, if prices recover. That's a very bad sign. And I doubt there is that much cash left on the sidelines. It's nothing to do with Hong Kong. It's just common sense when markets are at inflated levels.

Regards,
LordDarley
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