Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.71

+0.9%

1:13 PM EST

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To: Peppe who wrote (17217)	9/21/1998 12:23:00 PM
From: JRH	Read Replies (1) of 77397

Are you shorting CSCO ? It seems like every second post from you is reasons why we should convert our CSCO positions. What's next, sell CSCO and place the cash in our savings accounts ? Greetings Peppe! Although I am also a longer on this stock, I think that it is arrogant of us to shun short term traders on the thread. There is no reason why we have to run them off our thread just because we don't follow their trading philosophy. In fact, one could argue that we shouldn't follow our stocks since we are long term and don't care what the short term fluctuations are. But that would also be foolish. For day traders, right now is a difficult time, but also a time to make some significant purchases/shorts on companies not based on their fundamentals, but rather on the macro-market factors!! If I was a day trader, I would also go heavily into cash so that I could snatch up some good deals when they present themselves in the future when the market bottoms. Good luck to all, JRH, CSCO long...

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