SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Mark The Trader who wrote (48303)2/7/2001 12:18:39 AM
From: uu  Read Replies (1) | Respond to of 77400
 
Hi Mark,

Good to hear from you. In a logical perfect world your case for Cisco trading in the teens may in fact make sense. And hell who am I to argue with that as it can very well happen. However the chances are it will be highly improbable (not impossible but improbable) for Cisco, and other stocks such as JDSU to fall so much from their current levels. Reasons being the growth for these companies is huge if our civilization to move forward! Therefore the temporary short sighted bump is nothing but simply a blip. And if past is any indication of future results, those with smart money (who incidentally have been sitting on the side) will grab as many shares of CSCO and JDSU as possible when so many short sighted gamblers are selling their shares. The concept of buy low sell high is still the best way of making money.

But again that is all my humble opinion, and unlike others who seem to have their psychic hotline picked right and are correct 100% as they claim they are, I have proven to be wrong many times in the past!

Regards,



To: Mark The Trader who wrote (48303)2/7/2001 1:45:34 AM
From: TTOSBT  Read Replies (2) | Respond to of 77400
 
Re: " I day Trade CSCO quite often , its one of my favorites , and I love to short it. But then my trades only last at the most an hour :_} "

Mark in light of you statement would it be prudent to put a market buy at market open tomorrow as the odds an opportunity to sell higher might present itself shortly thereafter?

TTOSBT