Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.39

+1.3%

3:59 PM EST

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To: diablo who wrote (11537)	1/13/1998 10:55:00 AM
From: Lucretius	Read Replies (5) of 77400

Oh, I've got 10 shares shorted at 51. How's that (LOL) There's no reason for you to care where and how much I'm short. I don't care where you're long. There is one simple truth. One of us will make money and one of us won't. I will tell you this. This short was my broker's idea and not mine and is S-T in nature therefore I did not put a lot at risk because the tax rate is going to be so high on any gains. So far I like what my broker has done, and agree that CSCO is still going lower. You get a little reversal around here, and everyone starts talking about new highs. Well, we're looking to close below the open today. Not exactly much follow thru for crossing the 50 dma, and still in the lower bollinger band. Perhaps the next test of 51 level will be the charm, eh? That's enough for you. I post on this board in the hope that someone will convince me that I shouldn't be short this stock (so far nothing even close) not for some kind of horse race w/ the longs. Follow your own position and don't worry your pretty little head about mine; it won't affect you gain/loss at all. -Lucretius

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