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

To: traetzloff who wrote (35865)	5/19/2000 2:42:00 PM
From: Crystal ball	Respond to of 77397

SAUDI OIL MONEY is buying, so I am buying CSCO and others. the S&P, Russell, even Wilshire indexes are fine if you are an index buyer, and cut losses and run profits, the key in either case is to just simply BUY LOW and SELL HIGH and for that you need to pick interim bottoms FIRST since you have to BUY LOW FIRST before you can later sell high. That time is now. I BUY. If we go lower, which is less probable, I will BUY SOME MORE, cause we will go MUCH HIGHER with CSCO under any kind of analysis you do, especially capitalization or earnings expectations or just plain GROWTH for the next 5 years. Those who bought as I said last week, made money. Those who sold on Tuesday made money. Those who did not buy yesterday, today and Monday have no courage or patience, and they will always sell out at a loss on impulse. Steady buying on LOWS, or BOTTOM FISHING is the key now. I am, Truly your$, -Crystal Ball

To: traetzloff who wrote (35865)	5/19/2000 4:00:00 PM
From: SyncMan	Read Replies (1) \| Respond to of 77397

Traetzloff, Good post. I hadn't thought of that at all (Index Reevaluation causes snowball effect). I do know that the Vanguard S&P 500 Index Fund is about ready to pass Magellan for the biggest fund in the world) I think it's also interesting to note that for the last few months, we've seen more and more money flowing into the big money stocks that just kept powering up. Obviously, that is a situation that is very unhealthy and that can't last. Perhaps this is it. If it is, then this is a good thing. No matter the pain (unless you are ready to retire).

To: traetzloff who wrote (35865)	5/19/2000 6:13:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 77397

Well by golly, finally someone that recognizes what is really happening. Good post. Monty

To: traetzloff who wrote (35865)	5/20/2000 2:29:00 AM
From: Brian Malloy	Read Replies (1) \| Respond to of 77397

I don't know if you posted the full jist of the VP of the S&P. However, if what you post is accurate it shows an alarming lack of understanding on the part of that VP. Something that most kids taking Jr. High Algebra could call him/her on. At a time when most companies in the S&P are down, especially the technology sector then the relative weightings have not changed by much. In terms of market cap, CSCO relative to other stocks is pretty much unchanged. It has been ranked between four to one (the one just for a short time) for the past few years. It's current market cap puts it at number three today (in order: GE, INTC, CSCO, MSFT). Now if CSCO fell to say 30 or something on the S&P market cap list then the VP would be sitting on a three legged stool and not his flawed two legged one. I can only assume that this VP also falls into that special class of math wizards that believe when a stock splits 2:1, they are buying it at half price. In short, that VP's analysis is weak and misguided at best. Instead of you writing/feeling: "I wish I had been smart enough to write that, but I didn't. It is a direct quote from a VP on S&P's web site." You should feel proud for not succumbing to nonsense. Stay focused on the big picture and continue to think for yourself. Regards,