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

To: RetiredNow who wrote (40504)	10/10/2000 7:05:41 PM
From: bambs	Read Replies (1) \| Respond to of 77397

That's my opinion. I can't help it. I'm just being honest. When I came to the thread I as attacked for saying that I thought csco was a better long then a short at $70. I said I thought it will go down to $35-45 this year and be dead money for a couple of more years. I also said the Nasdaq would go to 2500. This year. I think it will be range bound between 2200 and 2800 for a year after that. If economic conditions continue to break down then 1500 on the Nasdaq with in 2 years. Even if I'm right you bunch will still think I am a jerk....so be it. I am comfortable with with every statement I have made on this thread. I defended myself when attacked. Bulls tried to discredit me at ever turn and choose to ignore most of the issues I raised. Gary is one of the few bulls here that at least tries to discuss the issues at hand. I am not a chicken little. I don't enjoy the fact that the markets are getting crushed. I feel truly terrible about it and often have trouble getting to sleep at night. I worry about my childrens future. I wonder how the job market will be for them when they are ready to enter it. Yes I short. What the hell else am I supposed to do when I think the market is going down. I'm not going to go long and post on this board how everything is okay. Tell everyone it's time to buy. Some don't like my style. Well that's too damn bad. There is no nice what to say that the market is going into the toilet and their favorite stocks with it. I wish the market could rally. I wish the the party could go on. That we could all long and well. I am not an evil person. I can't believe that Ed has accused me of inventing a family to try to gain some sympathy. I guess when people are losing money they just see red and choose to blame bears for their troubles. It's not my fault the market is going down. I am not responsible for the telecom slow down. Companies warn...stocks go down. I don't expect to ever get a thank you from people on the thread. I don't expect that people will come here and admit that I help them decide to get out and save money. I know that I have helped some and I have helped myself and family. By coming here and arguing with the bulls I learned a lot. As a trader I need to understand what the masses are thinking. I need to make a reasonable judgement on what people will be willing to buy and sell a stock for every day. That's what I have gained from the thread. Understanding of what people are thinking. You may not think that people are starting to think tech is in big trouble. I do. I think people are just starting to bail out. Margin debt still at record levels. I truly wish you the best of luck, I remain in cash. Bambs

To: RetiredNow who wrote (40504)	10/10/2000 9:21:17 PM
From: Monty Lenard	Read Replies (3) \| Respond to of 77397

mindmeld, what he said is a fact whether you like it or not. Sorry but that is the way it is and it will not stop until you can't give this stuff away. People who think these companies are forever need to look at XRX. I remember when it was THE stock to own. Great dividend, fantastic growth, etc. Now you can't give it away. One can fall in love with a company like GE and not regret it but tech stocks have a shorter life span for the most part. Monty