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

To: Amots who wrote (51471)	4/16/2001 4:54:09 PM
From: t2	Read Replies (1) \| Respond to of 77398

Can you give me a reason to buy now??? (beside cover my short. -g-) Maybe I can give you a reason to cover your short even if not a reason to go long. (I am not long or short the stock) Looks like dead money at current levels but a lot depends upon how many were waiting for this. The BIG inventory charge may be a way to wipe the slate clean for coming quarters assuming there is going to be an upturn in demand (counts just like like a loss, the type we got from NT). Actually that is a reason to cover even if one does not want to go long. Can it get worse from what they reported? The most important thing they did is to write down that inventory. Now all the news is out! Want to know how much of that write down is related to discontinued business that they announced recently as wel..