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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: The Band Leader who wrote (33327)4/3/2000 10:42:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 77400
 
Band Leader,

Glad you're feeling full of yourself but you didn't pick CSCO's fall you simply got lucky in that the NAZ is in a beautiful correction. The difference is I'm long the NAZ but am smart enough to see a market extended which is why I was holding QQQ puts which I sold today for a very nice tidy gain. So I'm quite happy - just not as full as myself as you are.

In the meantime I'm also smart enough to know that CSCO's capitulation when complete is the first signal that the NAZ will run again. I'm also smart enough to know that CSCO's activity today had nothing to do fundmentally with the company or investor sentiment in the company only in that it's a great place to raise cash for those looking to re-enter into other securities, or cover margin. I find it quite humorous actually that you really believe you called something. I guess it must be the first time you got lucky. For most of us we realize it when we got lucky and laugh along with everyone else. You actually believe you called something.... please enlighten us on the next move to prove to us all your presience. Better yet, please fill us in on your picks... just one would be fine.. and of course the movement tomorrow and next week on CSCO. Sheesh!

OG



To: The Band Leader who wrote (33327)4/3/2000 10:57:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 77400
 
FWIW.. Perhaps you could do me a favor...

Like I did when I picked when CSCO would fall
almost to the day.


Could you point me to the comment where you predicted this.

Last I saw was a post on 2/11....

Message 12846019

and on 2/8...

Message 12810579

CSCO was trading about $65 then (or about $30B in additional cap).. so seems like you're still wrong.. in fact very wrong. So, not only did you not call the day, but you were wrong about the correction since we're still trading $10 higher then when you predicted correction... or are you predicting a further erosion in price in which case why are you basking in the glory already. Dude - we still have 10 points to go to get to the valuation we were at when you said we were in nosebleed territory.

Time to put that champagne back on ice. LOL!

OG