Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 83.12

+3.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joseph G. who wrote (16492)	8/29/1998 4:47:00 PM
From: mauser96	Read Replies (2) of 77400

Corrections and bear markets in recent years have tended to become compressed in time. A crash like October 1987 can only take place in a world of derivatives and instant communications, and this is even more true today. Unless you think the conditions today are like 1973 or 1929, expect this fire sale to be over before the end of the year. In July to Oct. 1997 we had a correction worse than this one (so far) and everybody has already forgotten about it. We are down 14% on the DJI, and I stick by my prediction that we are at least halfway through. The underlying fundamentals that ignited the secular bull are mostly intact. Time will tell.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next