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To: Second_Titan who wrote (87119)	2/13/2001 7:20:43 PM
From: BigBull	Read Replies (2) \| Respond to of 95453

007 CSCO is in a well defined bear market that has recently accelerated to the downside. Short sharp counter-trend reactions are de riguer in such markets. My advice? Long side trades to be of very short duration, with tight stops. Why? The fundy's (ie earnings expectations) won't turn on a dime. Decide what you are. 1. A counter trend trader/ballsy bottom picker or 2. a VALUE investor who believes in the companies 5 year prospects for whom minor price oscillations are not relevant. You can split the difference with variant styles, but know why you are doing what you are doing before going in, and have plan b fully articulated. Know this though, even though bk is unlikely here, a further 50% haircut is not out of the question. Additionally, my personal view on this company's stock action is that after such a protracted and brutal bear market; a long base building process is in order here. Preferably accompanied by substantial insider buying. IMO you will have several opportunities to buy this stock at reasonable prices. Me? I pass.