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


To: RetiredNow who wrote (48783)2/10/2001 5:38:19 PM
From: Wyätt Gwyön  Respond to of 77400
 
What's more, the last year is a temporary thing

LOL! Da Nile runs deep. Or as they say on Monty Python: "It is but a flesh wound!"



To: RetiredNow who wrote (48783)2/10/2001 7:36:04 PM
From: bambs  Respond to of 77400
 
I tripled my money last year...My money is were my mouth is. In government bonds and shorts from time to time. I have shorted csco many times over the last year and longed it to. You can laugh at me now or next year. I am not laughing at anyone. I feel sorry for those that lost money. I only wish Ed Forrest, Gary and Uncle Frank would admit publicly that I was right for the right reasons. That my short of csco at $70 was a great call. That my year end target on csco was with in $5. That my range for the year on csco of $45-20 with a year close under $25 seems to be coming true. That all the reasons I gave are clearly what is driving csco down. The insane p/e. The insane price to revenue. The option issue. The bad debt in clec's and telco's. The bond market being closed. The slowing in cap ex spending. The wealth effect turning into a broke effect. The rise in unemployement. etc. etc. etc.

I was insulted. I was told I don't understand tech. I was told that I was a "have not". I put my money were my mouth was. I have made very good money scalping stocks during the day and short many others for weeks at a time. Csco is a pig stock. You may love it and still have your money and hope in it. That's too bad. You can think that I am laughing at you but I am not.

I just hope that at some point you bunch will be strong enough to admit you were wrong and that you didn't get it and apologize to the people on this thread that tried to be voices of reason.

When the nasdaq is testing 1000 with in a year what then? What will you say? Bonds have out performed the market last year and will do so again this year. I am getting ready to pile into metals because you can bet the US dollar will take a bath soon. There will be damage done from low interest rates and the printing of money. You can be that the energy crisis won't go away. You can bet the metals will explode in the next two years.

And for those of you that insult my english...first of all it's not my first language. secondly my logic is sound. so what does it matter if my grammar and spelling is poor. Any why you spell it csco is a pig stock with a long term down trend started when I said. Just like YHOO was a good short at $42 when i called it just over a week ago...and you can bet that AMZN will go bust and was a great short when I called it at $35. That fact remains that this market is hard to trade in but you if you have half a brain you can spot a garbage stock that has nothing but down side.

Bambs



To: RetiredNow who wrote (48783)3/9/2001 7:49:32 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77400
 
bambs, it's very simple. If you made money off Cisco decrease, then you have a right to talk. If you didn't make money off of your own prediction, then you are no better than the rest of us, so stop thinking you are. At least we put our money where our mouth is. What's more, the last year is a temporary thing. Next year at this time, we will be laughing at you, we'll be richer, but you won't be richer or poorer, because all you do is talk. You don't back it up with your money.

Wow, mindmeld looks like you've changed your tune since then.