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


To: Techplayer who wrote (38133)7/6/2000 3:23:35 PM
From: lawdog  Read Replies (2) | Respond to of 77400
 
Please explain to me and to the thread how you are better, can see the everything more clearly and are actually providing a service here

You may do this for a living, TP, but I don't. This is a HOBBY, it is something I do FOR FUN. I DON'T HAVE TO PROVIDE ANYTHING TO YOU. I am here posting in an effort to prevent people who cannot afford to take risk from being lulled into a sense on invincibility, like the one that permeates the csco thread. That's the only value I intend to bring. If it upsets you and the others who need the market like a leech needs blood, tough. It's my opinion that people who follow your advice are going to lose A LOT OF MONEY.

Secondly, you have no idea what my background is or what my investment style is.

You have an MBA from a public University and you run money for a living. Close enough?

you still have not pointed out where I or anybody else has made a claim as to what our expectations are for the short or mid term on CSCO.

Go back and flip through the 1000s of posts from the last 6 months. Then you will have answered your own question.

My personal strategy heading into a seasonally weak time period for the techs is to hold into earnings, then perhaps go short, depending on the company and the level.

That sounds like a good strategy. I wish you the best of luck.

As long as there is money to be made holding the stock, you are certainly not doing that.

If the risk/reward was adequate I would be long. But it's not. There are few equitites where the risk/reward IS adequate. You do this for your living. You HAVE to invest people's money (guessing). Most of the rest of us DON'T. We can sit on the sidelines as long as we want. I will stay here until the market has become a rational place again. I feel sorry for professional money managers. This game is going to be a whole lot tougher for you going forward.