To: GVTucker who wrote (46042 ) 1/5/2001 11:41:54 AM From: Crystal ball Read Replies (3) | Respond to CSCO expect fast 25% GAIN $40 to $50, I never bought into the utilities, oils, or drugs, these are cash liquidity traps for the unwary. Many will never get their money out of these false "SAFE HAVENS" pushed by their brokerage firms and ANALysts. My theory is that the major brokerage houses have been assisting their major customers SELL THE MARKET SHORT. As you all know, they can only short if they can BORROW someone elses shares, and therefore this past year 2000 they kept telling their smaller investors and new investors to HOLD ON and keep their stocks for the LONG TERM, all so that they had a ready inventory to give to their better customers as borrowed shares for short selling which in mass, and we have had massive selling this past year, tanked the market, at least the techs on NASDAQ. Unlike the stock crisis of the gilded age, no Bill Gates or Larry Ellison or Saudi Prince stepped forward like JP Morgan did back then and say, I will stand by the market, I will buy when others irrationally sell. The Bank of America scare this morning in the financial markets over fears of bad loans to the California Utilities that are going bankrupt should send a string signal to everyone: GET OUT OF UTILITIES AND GET OUT OF FINANCIALS. GET OUT OF OIL AND DRUGS TOO! If you need a safe haven, then its CASH, if CASH is KING then hold CASH. If you want to play, then PLAY, and PLAY HARD. There is much money to be made in this tech market, and CSCO the leader in routers and internet infrastructure should after todays scare subsides go quickly, on he recent Fed ease in interest rates, and end of month Fed eases again quickly go from where it is at about $40 to $50, thats 25% my friends. The same could be said for wireless PDA leader PALM, and every other tech leader. Just pick the leaders in their field, and you will beat the market. This is the last great buying opportunity for the year. January is not over, but forget the total market, be picky, cause as goes January goes the year. CSCO it is, and looking at the ticker, I have to go now and buy some more.
