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

To: Mark The Trader who wrote (50131)	3/17/2001 7:06:27 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 77397

Yes, $2.50 is crazy, but you took it out of context. I have stated many times on the record that my first target on CSCO is $10-12. I think that this is doable and a bare minimum - $6 is reasonable and has been stated by several others. However, my point is that as a BUYOUT target, CSCO would have to be $2.50 to make it worthwhile in a downtrodden environment. If I didn't write that clearly, I apologize. In the meantime, I have lost all respect for the sell-side, CNBC, and most of middle America for being so bullish when there is so much history on the markets in terms of the way bottoms are created. It's going to take some massive unemployment to cause some...well, you know what the word is...

To: Mark The Trader who wrote (50131)	3/17/2001 8:15:22 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 77397

If I hear CNBC say Capitulation one more time I am throwing a brick at the TV. LOL, EVERYONE is using the lastest buzz word. (capitulation). I have said it before and I will say it again....capitulation works in corrections .... not bear markets. Capitulation occurs on high volume and will give a bottom with almost immediate reversal to the upside. Bear markets do not end on high volume...bear markets end on low volume...bull markets end on high volume. Monty