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


To: Jimbo who wrote (40452)10/9/2000 7:37:00 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
I have no idea. But look at some of the facts he stated in his article. For instance, "In the last ten years, 80% of fourth quarters resulted in a gain, with the largest gain roughly seven times bigger than the worst loss."

I know that I can think back at least 4 years and remember this to be true for each of those years. Why should this one be any different? The macro backdrop is telling me that we are oversold. I don't expect a bounce back to 3/2000 levels, but a steady increase over time.