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

To: bambs who wrote (40422)	10/8/2000 10:20:35 PM
From: RetiredNow	Respond to of 77400

Suspend your disbelief for just a second, Bambs and tell me if you think that it just might be possible that productivity gains from the Internet make this market's growth sustainable. If we look at the values of most companies, besides tech, they appear to be fairly valued. In fact, you can probably see, like many others, that there is quite a bit of value out there. Now look at techs. They are 50% or more off their highs. The one's without sustainable value are dead or the walking dead. The one's with sustainable value like NT, CSCO, & JDSU, have been whacked pretty good. In the last 6 months, the market took its time to pull back and digest the Fed's action and the oil price increases and the result has been crappy returns. However, going forward, many companies still have their fundamentals intact and oil and the Fed shouldn't be a problem. In addition, telecom spending may slow down on old world equipment, but the new gear has demand outstripping supply by a large margin. Therefore, I don't see any reason why we won't see a slow, steady rise beginning in late Oct to early Nov.

To: bambs who wrote (40422)	10/9/2000 5:51:43 AM
From: Mick Mørmøny	Respond to of 77400

Careful, bambs. You might end up like your hero -- broke and ice cold. At least, AG is rich and very much alive. Here's what I found regarding your often quoted idol. You know more about him than I do, of course. Jesse Livermore is a stock market legend. In a lifetime spent on Wall Street, he made and lost four stock market fortunes. In 1906 he made a quarter-million by going short on Union Pacific just before the San Francisco earthquake. In 1925 he made $10 million trading grain. In 1929 he lost the lot and was widely blamed for the Crash. At a particularly low ebb in 1940 he said goodbye to wife number 3, booked into a Manhattan hotel, and shot himself. He wrote this book [How to Trade in Stocks] a few months earlier, having been begged by publishers to share his stock market secrets.