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

To: SouthFloridaGuy who wrote (33985)	4/16/2000 4:24:00 PM
From: The Phoenix	Read Replies (4) \| Respond to of 77400

SO, While it's clear from much of the jawboning going on this weekend that there is a belief the market will continue to be soft early this coming week (mostly due to margin calls) that most believe we will bottom by mid-week. With this there will be a period of consolidation followed by more reasonable increases.... SO... Is this the time to cry "the sky is falling" or the time to refocus on where the opportunities are and where the values are. I suspect, just as you were late to "predicting" the sell-off, you are also now late to the bottoming that is sure to occur this week. Finally, the NAZ was at 2800 in October.. assuming 30% valuation growth (to match earnings growth of the big boys on the NAZ) we should be at about 3220 right now. Of course, as I said earlier I expect selling due to margin calls but that aside we're very close to bottom and any selling now (unless you have to cover margin) is probably not a good move. My point. Take inventory of your portfolio, figure out which stocks should be pitched - even at a loss - to build more cash to buy stocks that will show long term strength. CSCO is one of these stocks that will continue to exceed the market growth and money will flow back in. This is a hold right here and add on dips. OG

To: SouthFloridaGuy who wrote (33985)	4/16/2000 4:55:00 PM
From: Ed Forrest	Read Replies (1) \| Respond to of 77400

I tried to send you an email that I got from the post below: <<To: Russ LaCava who wrote (97386) From: Stock Operator Sunday, Apr 16, 2000 1:49 PM ET Reply # of 97410 Now that Kimberly, myself, and probably $Mogul are not going to post to you guys, I can basically assure you that 95% of you won't make any money. This thread will die out just like Tokyo Joe's. We will continue to make ALOT of money, those on my email list and who have already signed up for my momentum trading tutorials in New York will make money, but you cheapskates will not...that's as much of a guarantee as was my Nasdaq 2900 call. -techwinners@excite.com>> Guess what ,the email address is as phony as you!!Below is the email I was trying to send to your bogus address: "Just how stupid are you to post your email address on SI?With just that simple link someone with an axe to grind with you could access all your personal information and cause you problems well beyond your wildest imagination.Ask SI to remove the post with your address in it.It's good advice,take it.Another piece of advice stop posting on the Cisco thread,your only embarrassing yourself. Ed Forrest "

To: SouthFloridaGuy who wrote (33985)	4/16/2000 7:24:00 PM
From: Techplayer	Respond to of 77400

Rock bottom is near By Julie Rannazzisi, CBS MarketWatch Last Update: 12:58 PM ET Apr 15, 2000 Bond Report NEW YORK (CBS.MW) -- It was a week that made knees wobble and veteran market watchers shake their heads in disbelief. Solid earnings reports -- which were expected to be the market?s saving grace -- miserably failed to take stocks higher. The catalyst for Friday?s bloodbath was an unexpected jump in the consumer price index. The CPI climb was a clear indication that inflation is creeping up, and, some observers say, it may give the Fed the smoking gun to be more aggressive in its future rate hikes. The bad news panicked an already fearful market and unleashed yet another wave of selling. "We had an emotional overreaction to the consumer price index," said Art Hogan, chief market strategist at Jefferies & Co. "It was a tumultuous week and what we needed Friday was good news," Hogan said. When the market got bad news, investors just threw in the towel and sold indiscriminately. A different wealth effect The effects were staggering. Tony Crescenzi, chief bond market strategist at Miller, Tabak & Co., noted in the final hour of trading Friday that over $2 trillion of net wealth had been eliminated during the week?s selling spree. That amount, he said, exceeded all of the $1.7 trillion of wealth gained at the household level last year, according to data from the Federal Reserve. The Nasdaq is now down 18.3 percent for the year and is off 34 percent from its closing high of 5,048 set on March 10. The Nasdaq fell a record-breaking 1,125 points this week, corresponding to a 25 percent fall. The Dow Industrials is down 10.3 percent for the year and off 7.2 percent, or 803 points, on the week. Where?s the bottom? The big question is: Are we getting close to a bottom or should we expect another round of selling next week? Many market pundits believe the kind of panic selling on high volume witnessed Friday is a sign a bottom is near. But, they add, that doesn?t mean good times are just around the corner. "It?s possible that the pain may be near an end, yet the 'feel good' time is still some time off," said Frank Gretz, chief market strategist at Shields & Co. "It may be that prices are near not going down anymore, but they?re not yet near going up -- at least in any important way. And that, for most, really is bad news." "This is a market -- particularly the Nasdaq -- that could very well make the proverbial ?L? bottom. [Stocks] stop going down, but they don?t go up. There?s plenty of bouncing around, plenty of rallies, but no real satisfaction," Gretz satisfaction. Terry Gabriel, technical analyst at IDEAglobal.com, believes rallies will be sold until the market finds its footing. After that, stocks will carve out a trading range. It?s disturbing, Gabriel said, that good earnings news couldn?t help the market. However, he added, the fact that pessimism is so rampant could indicate the market?s near a bottom. Michael Holland, president of Holland & Co., said the fact the price plunge came amid a backdrop of good earnings reports and a strong economy could bode well for a rebound. ?We?ll be OK,? he said.