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


To: bambs who wrote (45786)1/2/2001 8:22:06 PM
From: Monty Lenard  Read Replies (1) | Respond to of 77400
 
And M. Dell. Lordy he sold buckets full up high and the whole time telling everyone things were fine. Look at the shares of RMBS INTC and TXN dumped up high!!! Along with MU.

I watched a woman on CNBS yesterday use an example of dollar cost averaging. She said if one bought msft at 117 all they needed to do is keep dollar cost averaging down and when it went back to 117 everything would be fine. Wonder what they do when they run out of money. I almost fell over when she said that with a straight face.

And Abby keeps calling a bottom.

Monty



To: bambs who wrote (45786)1/2/2001 8:30:58 PM
From: Smitty  Respond to of 77400
 
Bambs...no doubt institutional investors are taking advantage of these market upturns and downturns...albeit to the detriment of the little guy. But I don't think we can blame the analysts for making buy recommendation based on sound CSCO fundamentals and company projections which have not changed. Personally, I think CSCO has weathered the storm pretty well. Can you say the same about CSCO's peers NT, LU, EXTR, FDRY, etc? I don't like these levels either..and believe me I have a huge stake in CSCO. I don't like the MSFT analogy....CSCO is a much different company with more diciplined management and cultural differences. Believe me if Greenspan and the FED feel they've cooled things off too fast they'll correct the situation quickly IMHO.

Smitty