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

To: michael97123 who wrote (45285)12/21/2000 10:15:56 AM
From: kvkkc1  Respond to of 77400
 
Good idea, thanks. That's what I was worried about, the good January. I have to assume that as soon as I sell the JDSU, the SDLI merger gets approved and the fed rate drops a half point sparking a rally.knc



To: michael97123 who wrote (45285)12/21/2000 5:49:10 PM
From: M. Charles Swope  Respond to of 77400
 
You are absolutely correct. Lots of folks with big capital gains in CSCO and losses in other stocks are selling both CSCO and the losers to use the losses to avoid paying taxes on the CSCO gains. This tax selling is creating a good portion of the selling pressure we're seeing now.


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