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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (717)9/12/2000 8:57:16 PM
From: Hobie1Kenobe  Read Replies (1) | Respond to of 65232
 
Tom - re:CSCO - agreed - they may let it get close to 50 again, but they ain't gonna kill it - there's a boatload of IRA/401K money in there. Seems like the hedgies are all leaning in the short direction - not too surprised if they cover in here pretty soon for a short-term slingshot into expiration. Best,
JF3



To: Voltaire who wrote (717)9/12/2000 8:58:49 PM
From: Ex-INTCfan  Read Replies (2) | Respond to of 65232
 
V -- yupper -- but they'll scare the daylights out of us first. If they break down CSCO they'll break down everything, and, as you say, why would they destroy their inventory? Only thing keeping it from new highs the short run is the FDMC (Frenchman's Dead Money Curse).

INTCfan


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