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


To: Kashish King who wrote (34220)4/20/2000 3:29:00 AM
From: Ed Forrest  Respond to of 77400
 
<<Even if we suspend reality and assume the current 500 billion can be supported, what stock will be sold with the rest of them down 30% to 90% when the market goes south?>>

Rod
"When the market goes south">Were you asleep or in a coma when the Naz went from ~4958 to ~3321?:)That's about a ~34% correction.During that period Cisco declined ~28%How much of a correction do we need to see for your 30 to 90% decline to occur?The Naz now stands at ~-26% from its correction.Cisco stands at~-17% for the same period.

The numbers just do not support your contention.Perhaps you should have done some DD before posting such wild figures.
Cheers
Ed




To: Kashish King who wrote (34220)4/20/2000 3:34:00 AM
From: Ed Forrest  Read Replies (1) | Respond to of 77400
 
<<I have been critical of certain stocks for years, and with good reason, and with predictable results: they've crashed.>>

Rod
Cisco was one of them that you have been predicting doom for 3 years that I know of and has not come close to crashing.You may deny it but we both know it to be the truth,don't we?As you recall we have history.
Cheers
Ed

PS
I find it amusing that you picked today for your FUD.Where were you the past 2 days when my beloved Cisco was gaining 12 1/4 points?Your soooo predictable.