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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (34888)	5/8/2000 8:37:00 AM
From: Jeff Jordan	Read Replies (3) \| Respond to of 43080

CSCO...I think the golden days for the share price are over...the company can't continue to grow like it has if it keeps spending-issuing stock for 8bil companies w/ no earnings....everything is so priced in this stock, about 200x 2001 earnings now! I feel the market is going lower this summer....all the high p/e companies won't continue to go up in a high interest rate environment. All the priced to perfection stocks are now turning and biting speculators on the ass. I'm more prone to engage short the rallies mode... ARPT looks like a great short... buy n hold is dead.... cnnfn.com