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

To: Monty Lenard who wrote (43782)	11/28/2000 8:44:48 AM
From: t2	Read Replies (1) \| Respond to of 77400

Monty, This may be your last day to cover short positions! The slowdown is enough to justify rate cuts sooner than later and that means the market will start anticipating it. Markets rally in declining interest rate environments. I think we are going up after the initial decline; at the latest we may have to wait until tomorrow but for some reason I think we rally into the close. BTW--Just know when to cover before you lose your opportunity. Just my opinion of course.

To: Monty Lenard who wrote (43782)	11/28/2000 1:57:00 PM
From: chic_hearne	Read Replies (3) \| Respond to of 77400

Hi Monty, You are right that I am a little bit more bearish than the average bear. Look at it this way, the Naz has already been halved, but there's plenty of stocks like Crisco and Oracle that still need to lose 90% of their current values before a bottom is in place. This should be enough to push the NDX down to the 500-700 level. I'm working on building my Crisco short position at the moment. So far only a few hundred shares, but I'm not entirely sure how far up a post election rally will take us, if it even actually materializes. Crisco is my most comfortable short because I'm so confident it won't go up. I believe it won't go down as fast as some other short candidates, but it's more of a sure bet with low risk. What's your thoughts? homepages.go.com chic