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To: AllansAlias who wrote (54141)1/4/2001 2:30:38 PM
From: jcky  Read Replies (2) | Respond to of 436258
 
AllansAlias,

To imply the Nasdaq will experience a Nikkei like situation is to imply the US economy will be stagnant for a decade, similar to the Japanese economy. While that situation is not impossible, I find it highly improbable. Barring some unforeseen disaster which no one can comprehend, the correct remedies have already been undertaken by the Feds and some form of a tax cut is highly likely in the near future.

And for the record, CSCO can easily drop to below $30 if management comes out tomorrow and says there are no future demands for their products. Will it happen? I'm sure at some time in the future but probably not before my naked sold Jan CSCO 30 puts expire by the end of this month and I collect the premiums.

Regards,