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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: mike60613 who wrote (23944)2/18/2001 8:38:37 AM
From: shoreco  Respond to of 100058
 
mike60613..It sounds like CSCO is in trouble here...I heared one analyist say "Having an overload of old technology inventory is like having a garage full of grapefruits in the summer heat"..Who's going to want to buy old grapefruits...LOL...CSCO's inventory will be labeled dinosaurs in 6 months..They will trade down to the low 20's this week..IMO.....Take a look at DrBob's message to LD, he mentions a bottom (maybe this week)..I have been trading CIEN up and down..I would love to get some (call) bargins this week...I won't wait for a reversal, and I'll be prepared to ride it down even lower...

This market wants to rally, but then again it wants to sell off.....LOL......

EOM
Shoreco