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


To: The Phoenix who wrote (35928)5/21/2000 12:42:00 PM
From: Howard Feinstein  Read Replies (1) | Respond to of 77400
 
Hi Gary,

Hope you're okay this weekend! You shouldn't be shocked on the impact of interest rate increases on this market. It's all happened before, so no shock should be in order. In fact, in my opinion, it was the only thing that could have brought this bull market to a halt. And now, it's very questionable, even if the FED ceases on rate increases, whether the damage hasn't been done already. The Economy as a whole has to feel these past increases, but it does take time, which in itself surprises me, because the FED should give these past raises time to digest! Anyway, the Market always needs reasons to do what it does, so in Cisco's case, it's a reason to highlight it's valuation, like it was, all of a sudden, a surprise! Yeah right!

The overall sentiment in the Market now is "why should I buy now when I can get it cheaper tomorrow!" And with that philosophy built in now, it's very hard to see why any buyers would step up to the plate. But, after following the Market for so long, I do know that "this" market is far to unpredictable, when you think you know what's happening...YOU DON'T! Good Luck to us all, because you need a little luck too!

Howie



To: The Phoenix who wrote (35928)5/21/2000 9:41:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77400
 
In your usual fashion you're wrong again, Gary. Capitulation occurs on heavy volume. The volume thus far is anything but heavy. There is nothing in the horizon to make anyone (except you) think that the selling pressure will increase in the near future. This is a bear market, something you haven't seen before.

I remember when so bravely told everyone how "late" I was with my call in March. You ridiculed all my arguments with your rubbish one liners. So typical of someone who really doesn't know what the f*ck is going on.

I told you that you hadn't seen anything yet, and guess what Gary, you still haven't; however, you still remain in denial.

I'll end the story for you. First I win the bet, and then lawdog's price targets on CSCO get hit. All the while you'll continue to spew out your idiotic investment advice to everyone. Oh let me guess now, you took the opportunity to sell at 70 a few weeks ago, right?

Sorry to inform you, but you lose.