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


To: American Spirit who wrote (48454)2/7/2001 7:26:31 PM
From: bambs  Read Replies (1) | Respond to of 77400
 
I see it as who ever picked the top on csco and enjoyed shorting for the last year has done very well.

you won't see a true bottom on csco for years. It's a long wait. Why not make some money in between now and then.

bambs



To: American Spirit who wrote (48454)2/8/2001 1:10:11 AM
From: chic_hearne  Read Replies (1) | Respond to of 77400
 
Whoever picks and buys the bottom on CCSO wins acclaim.
Was that it today? Or are there any others who want to sell lower and risk feeling like fools for life by selling into the bottom? My guess is we saw it today, but that's assuming Mr. Greenspan continues his recent helpful ways. CSCO is either a bargain or still pricey depending how you look at things.


My bet is $6 1/2, though I'd probably go long at $8-9, but you never know what will be going on when it's that low, so nothing is set in stone as far as when I cover or go long. I don't plan on catching the last 1/8th, so covering at about $10 seems like a good bet [at this time]. I'm thinking a timeframe of about 2003-2004 for this, possibly earlier if we get there in Internet speed.

Oh, and I think AG will be more than accomidating until the dollar gives or we see some real inflation. You can bet on a few more "surprises" from him just when the Naz is about to go bust [again]. The "Greenspan Put" will be proven a myth before all is said and done. He's already used up a lot of ammunition in my opinion.



To: American Spirit who wrote (48454)2/8/2001 4:24:53 PM
From: Sabrejet  Read Replies (1) | Respond to of 77400
 
AS, I sold in the premarket @31 1/4. I told a friend today that the price action reminded me of the AAPL "sauce" mess a few months ago! Different companies, obviously, but same price action.

That's not good.

Sabre!