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


To: Monty Lenard who wrote (36246)5/23/2000 3:00:00 PM
From: The Phoenix  Read Replies (2) | Respond to of 77400
 
Technically speaking this move down is not good....

EDIT.. but bouncing off day lows... ???

OG



To: Monty Lenard who wrote (36246)5/23/2000 3:14:00 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Just got back from the dentist. My jaw is still numb but I wish my head was.

Naz going lower here, I just don't see very much conviction in the markets so we are going to get more slow bleed thru the holiday weekend. I am amazed by the depth of this sell-off without a rally.

I got a call a few weeks ago from some VC IPO guys that wanted me to take a position. I have to admit that I started laughing pretty hard when they gave me the pitch. That really unnerved the guy on the phone but I couldn't help it. I told him the .Com area was dead and he would not take no for an answer so I wished him a good day and hung up.

A lot of the dot Coms have good business plans but the majority are going to disappear in the next year or two. That being said there is a lot of money waiting to jump back in. I know because a few people I know are waiting with a lot of cash.

We should know in the next couple weeks.

Eric