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

To: Jean M. Gauthier who wrote (38776)	8/2/2000 5:07:51 PM
From: TigerPaw	Read Replies (2) \| Respond to of 77398

I'll be a happy camper if Cisco stays at or above $60 and EMC holds onto $80. That's within their normal volitility. It's my little get rich quick stocks like CREE, QCOM, VIGN, and NTAP that are causing me grief. Never mind dell. AAArggg! - That was my safe play, didn't expect a huge run but it was safe money, AARGG! now it's someone elses money. I don't think anything is safe right now. I bought some NTAP but it's already underwater, I think I'll invest the rest of my fortune in a 6-pack so I can sleep tonight. TP

To: Jean M. Gauthier who wrote (38776)	8/2/2000 5:55:15 PM
From: chojiro	Read Replies (1) \| Respond to of 77398

jean, buddy, take a good objective look at your post. The whole thing. WHO IS reposnsible for all this selling, it has to be someone like FIDELITY, it is probably not individuals. could be me(but it's not) or it could be your neighbor. Could be just that things are getting a bit tiresome?

To: Jean M. Gauthier who wrote (38776)	8/2/2000 6:13:20 PM
From: Iceberg	Read Replies (1) \| Respond to of 77398

>WHO IS responsible for all this selling, it has to be someone like FIDELITY, it is probably not individuals. Jean, Excellent question. I would think individuals have more sense than to sell CSCO for no good reason, as apparently happened today. Thus, it must be fund/s. You are probably on-target with your assessment. But why would funds sell CSCO today? The answer to that question probably depends upon what happened on the golf course this morning. Maybe one fund manager hit a bad shot and got pissed. Broke his/her club on a tree stump. Know what I mean? His/her bad mood rubbed off on his/her buddies. They then decided to go have some drinks at the bar. Subsequently, they then sold CSCO to pay for their bar tab...all agreeing that after they drove Cisco's stock price down today, they would buy back in in the morning...assuming a not-too-bad-of-a hang over. <g> Seriously though, fund managers DO drive stock prices, and they do so for selfish and nefarious, as well as selfish and mundane, reasons. All it takes to drive CSCO's stock price back up, is another morning on the golf course, a good shot or two, and they will buy CSCO in happy elation and celebration. Fund managers are Fickle. Fickle. Fickle. Ice

To: Jean M. Gauthier who wrote (38776)	8/2/2000 9:54:15 PM
From: brownu88	Respond to of 77398

I would love to know WHO is responsible for selling every rally we have, and ending in the red.... Cisco was down on average volume, and has been lately. I think it is more a function of general tech investor fears about Friday's employment data. It certainly wasn't a competitive dynamics thing because Juniper was down heavier today, and on 2x volume. And it isn't a fundamentals thing because there was a news release today where RHK said that everyone sold more routers than expected last quarter, and I'm sure that Cisco will beat their number by a penny or two.