SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (143)11/27/2000 9:51:49 PM
From: Stock Farmer  Read Replies (2) | Respond to of 253
 
Hi Monty - Phoenix might actually be right.

I'm more amused by what he posted Oct 12: "Yes, we are now LTB&H's of this sad sad PoS", a mere day or so after he supposedly stopped all out at $29. Perhaps he tried to catch the knife and now knows why it's a bad thing to do?

But I am not here to add fuel to a fire that toasted his plumage the first time. More in his defense (so that first paragraph was merely camouflage). You are questioning a long position at less than $20, established as he claims late in October... well, the lowest price between Oct 12 and Oct 29 was in fact $19.981

This price was hit late in October, precisely indeed, on Oct 26.

So, ignoring brokerage fees, commissions and other one time charges, he could indeed have had a "pro-forma" cost of less than $20 for the majority of his position.

Not everything is as it seems on the surface. Right?

John.