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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (52249)9/13/2000 8:33:55 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
There has been a mania in the stock market for a couple of years now. Some stocks may tread water for some time until the valuation equation becomes a little more reasonable. This does not mean that there is something fundamentally wrong with the company. I would suggest that it has more to do with the overall stock market.

Traditionally, buying CSCO at a break in the 200dma has been a profitable position to take. Had one bought at the lows yesterday and today, they would already have a decent profit.

I'd be curious as to what you think is fundamentally wrong with CSCO. Growth? Revenues? Earnings?



To: Ms. X who wrote (52249)9/13/2000 9:07:02 PM
From: Jorj X Mckie  Respond to of 63513
 
From the CSCO thread
Message 14380166