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


To: Ed Forrest who wrote (49791)3/10/2001 11:34:11 PM
From: Prognosticator  Respond to of 77397
 
Because like me they don't have a life :)

P.



To: Ed Forrest who wrote (49791)3/10/2001 11:35:54 PM
From: Tom D  Respond to of 77397
 
For me it is nostalgia and entertainment value.

Just wanted to drop by and see how Bambs was handling his continued prognosticating success. If you check my profile and posting history, you will see that I did no posting at all on SI for a couple months. I visited AMZN in January--that was another of my old stomping grounds. (After adjusting for splits I bought AMZN at about $5 and sold at $55. Again totally missed the top--sold that one at about 50% of its all time high).

I will fade away soon and revisit if CSCO gets to $10, or something else really cool happens.

Tom



To: Ed Forrest who wrote (49791)3/11/2001 1:08:50 AM
From: Stock Farmer  Read Replies (1) | Respond to of 77397
 
Ed: warning this may require excessive lateral thinking.

I suggest that if we adopt CSCO shares as the unit of currency, then the merits of some people's strategy may emerge with stark clarity. Their qualifications as posters may also be revealed.

For example, I myself have what I call a substantial nonposition. It is substantial because there is a great deal of money involved. Perhaps a small subdivision.

It is a nonposition because I don't own a single share of CSCO. However, in CSCO currency, the nonposition I initiated nine months ago is the equivalent of a 3 bagger because I can buy 3x as many shares of CSCO today as I could back 9 months ago. Not many people can claim similar returns.

My interest in CSCO is at least twofold. Firstly, I remain well informed of CSCO in case I should want to convert my non-position into a position. Secondly, CSCO is an icon of NASD. I could waste my time keeping up closely with six threads, or just do it once here. Far more efficient to post here.

There are other reasons - like having nothing better to do on a Saturday night but log onto the Internet (sheesh, I should get a life) ... but none motivated by nefarious reasons or financial gain, I assure you.

I hope this satisfies any curiosity with respect to me.

John.



To: Ed Forrest who wrote (49791)3/11/2001 11:04:05 AM
From: AugustWest  Respond to of 77397
 
Ever watch a football game you aren't betting money on?

Really, IMO, it is silly to think someone NEEDS to have something monetarily at stake to post their opinions. It that was the case, I'd bet half the posts on SI would not exist.



To: Ed Forrest who wrote (49791)3/11/2001 12:00:41 PM
From: hdl  Respond to of 77397
 
it is one of the best S/M threads around



To: Ed Forrest who wrote (49791)3/11/2001 2:43:46 PM
From: Wyätt Gwyön  Respond to of 77397
 
Why would anyone that has no investment in Cisco spend their time here debating or making general comments pro or con regarding its stock performance?

Ed,

Cisco is not just any stock. It was the most valuable stock in the world and was the bellwether of Nasdaq bellwethers. There is ample reason for all market observers to follow Cisco, regardless of whether they have a position. Consider this remarkable fact noted by Andrew Bary this weekend in Barron's "The Trader" column:

Cisco's market value has fallen by an enormous $450 billion from its peak, to $155 billion. That drop is more than the current market value of General Electric, the largest company in the stock market with a $440 billion market cap.
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