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

To: The Phoenix who wrote (44380)	12/11/2000 4:45:09 PM
From: bambs	Read Replies (2) \| Respond to of 77400

Seems to me that you and the other bears better hope Bush loses today. OG First of all...I'm not short...second...I am not hoping for a Nasdaq going to 1000. I think it will go there over the next few years. I DO NOT HOPE IT! I wish that companies will continue to grow earnings and the stocks will go up...I don't think that will happen... HOPE has nothing to do with it...You bulls love to make us bears out to be villians like as if we hope for companies to fail...That is not the case. I think csco will not grow actual earnings as expected over the next 5-10 years. I think investors that buy here for long term will not do well. I think INTC continue to grind lower after this run is over. I think their operating earnings and gains from investments will decline over the coming years. I think that if you look through the list of tech that has bounced you will see that this rally will be out of gas in no time. There are many people that want to bounce this market as much as possible through the rest of dec...They might have there way...for the month. But the trend will continue...You bulls love to celebrate on every bounce...you've done it all year... Nasdaq isn't even over it's 50 dma. I am just trying to be rational...trying to figure out if earnings are going to grow much next year and if the nasdaq will go up or down...my hopes and dreams have nothing to do with it...I am trying to be logical! look down the list of stocks that bounced in the last week or so...how much farther up will INTC, IBM, DELL, CSCO, ORCL or any other big cap tech go...looks like YHOO is going down for the count here..dot.coms with it. Many stocks won't bounce back...I am watching the BBH closely...it's gonna run out of steam soon. BBH is full of hype and hope and will run out of gas soon. The first sign of weakness you can bet me and piles of other people that play the short side along with the long will pounce on csco, intc, bbh and any other over valued stocks or indexes. bambs

To: The Phoenix who wrote (44380)	12/11/2000 5:09:25 PM
From: Paul Reuben	Respond to of 77400

An open letter on accounting ruling www0.mercurycenter.com

To: The Phoenix who wrote (44380)	12/11/2000 5:41:45 PM
From: bambs	Read Replies (2) \| Respond to of 77400

Phoenix, after further reflection I would like to point out a couple of more things. I have avoided posting to you for the last while because it seems we can't seem to discuss things with out you attacking me and getting all emotional. I've never seen anyone more disingenuous, inconsistent, and have more lack of conviction. Time to pay the piper? Seems to me that you and the other bears better hope Bush loses today. The purpose of these chat groups is supposed to be to discuss the trading fundamentals of stocks...both technical and financials. Why don't you try to stick to that...or do I have to pull up more of your "long term buy calls" and "little downside risk" calls on stocks like LU in the $50's. Sure this market can an is bouncing...nothing goes up or down in a straight line. As I pointed out 3000 (broken today) 3128 (50 dma) and 3480-3550 area (last major highs) are the key resistance areas for the coming weeks. I don't think that csco will blow past $60, INTC $40, MSFT $70 or IBM $100..etc. I think more warnings and slower actual earnings growth will be seen in the coming quarters. I think that "gains from investments" will not be so easy to get in the coming years. I think there will be a cash flow crunch as options trade under water and taxes need be paid. I think vendor financing will dig into earnings. I think cap ex spending will continue to slow. I think the bond market will prove to have great troubles. There are many things that I think will happen. MAKE NO MISTAKE! I DO NOT WISH FOR IT! I wish you and other bulls would stop trying to vilify me. Just cause I think something doesn't mean I hope for it. I bought a burglar alarm...does that mean I hope hope to be robbed? What about my fire insurance I bought? Does it mean that I hope my house will burn down. NO! I short cause I think stocks are going down. My job is to make money in this market. I will not buy stocks that are going down! I will not hold losing positions against me more then I planned going into a trade. I manage risk to reward. I almost never buy the bottom 1/8 of a move or sell the top 1/8. I am not perfect. I get stopped out on around 30% of my trades and lose money. But, when I take a loss it is small. I try to make realistic predictions of where a stock could move. If I think the stock can only go up 5 points and could go down 15 I short it went the market appears to weaken. If I think a stock could go up 15 and only down 5 I buy it when the market appears strong. That's it. Sure I hope to make money but I don't hope for recessions. I fear them. I hope the Greenspan lowers rates to 2.5% and we see another 5 years of boom on easy money. It will be great. I will load into some REITs and watch the real estate market rally. Then when the credit bubble peaks again I will short. The bottom line is that this economy is built on debt. I don't think that the end of this election drama or Greenspan slowly lowering rates means that tech will rally. I don't think that the liquidity will go to where it's needed. I think that it will end up in speculation in other areas...and inflation...and weaker dollar. I don't think people will line out to lead piles of money to the like's the WCII's and AMZN's of the world. Bambs

To: The Phoenix who wrote (44380)	12/11/2000 6:33:36 PM
From: Eric	Read Replies (1) \| Respond to of 77400

Gary Some people see the glass half empty while I see the glass as half full. In the end we all have our own investing ideas that we either implement or just let pass. The Fed has determined what interest rates will be and the markets naturally react to that since they don't have a choice. We have had a bear market up till now (since March) but now the Fed resets the clock for us. Is now the time to buy? I think that's fairly obvious! Demographics are on the side of the bull for probably the next 10 years. Just about every factor is in our favor. I just hope that not too many people put their money under their mattress but that is their choice. Going back to my long position. See you in Ten years! Eric