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

To: Eski who wrote (43983)	11/30/2000 8:06:02 PM
From: t2	Respond to of 77400

Eski, I was not really saying to buy JDSU at that time. I did not hold too many high fliers...I have some losses but they are on lower PE stocks. I do hedge too. Cisco has been solid for so long. Everyone knows that the election is the real reason we are at current levels. Otherwise, we would have dropped from Nasdaq 3500 down to 3300 on the Gateway news (or maybe from even higher levels on the Nasdaq). The election caused the buyers to hold back. That was a huge factor. Overseas investors pulled out in a bigger way and that was the cause...they don't like uncertainty given in foreign countries even if it is the USA. When the uncertainty goes away, we get one hell of a rally. I think most are out by now. Again, NOV short interest in a lot of key stocks went up. I think the figures were just released on nasdaqtrader.com