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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: tigerman77 who wrote (5279)	4/7/2001 9:46:50 AM
From: TARADO96	Respond to of 52237

I will do one better. I predict that CSCO will go bellow 1 buck, pink-slipped and eventually delisted. lol

To: tigerman77 who wrote (5279)	4/7/2001 6:55:35 PM
From: American Spirit	Read Replies (1) \| Respond to of 52237

Csco is already cut in half in the last month and they are a dominant company worldwide. Single digits won't happen IMHO. Maybe another 10% down at the most then it's a strong buy. As for inflation, forget it. Everything is cheap these days except energy. yes that's important but people can drive less and turn off lights and as rates go down so will mortgages and plenty of other things. Retailers problem now is charging retail prices. I just bought a new car at 25% off list. So many bargains out there. Meanwhile expect a gradual recovery in the internet sector. Burn-off of inventory and restructuring of debts. Csco is too good a company not to be bargain-bought on dips from here. But yes if it ever happened to sink below 10 on a crash day or phony rumor like LU then I'd buy it aggressively. Also expect two rate cuts within 5 weeks and that's going to burn the short gangs. You're only safe shorting something like CSCO after an 80% drop if you're in a big gang and everyone's doing it. And maybe after a big rally day when bulls are exhausted. But your window of opportunity is very limited. The rally two days ago burnt a lot of shorts and Friday's action was not encouraging to shorts either. It will be a battle for awhile but CSCO at 13 is a relatively cheap stock when you look at its dominant world position. Longterm a great buy down here. Maybe even at a 52-week low here. You never know. They will have two bad quarters then will surge back. Visibiity is slight but smart money is betting on a recovery to begin by summer or so. Although I might prefer SUNW or EMC or even LU if it sinks any lower CSCO is oversold now. These are practically value stocks when you consider their inevitable recovery to giant status. Even Barton Biggs now says tech is where the big gains will be made over the next year, buying down here that is. But if you're a day-trader just go with your impulses. We'll probably seesaw for awhile here until the gradual ascent. I see CSCO back above 20 by summer sometime then it will probably stay there. So be careful.