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

To: Jacob Snyder who wrote (52372)	5/6/2001 8:44:38 AM
From: Jerome	Read Replies (1) \| Respond to of 77399

Are you going long and short CSCO as you were AMAT (Which I think is still a good strategy). Something else to consider. A few years back it was said that wall street climbs a wall of worry. That could be what is taking place now. It is my impression that there are a few multi-billion dollar companies that have a very good long term outlook, in spite of todays trashed prices. Those companies would be CSCO, SUNW, and ORCL. All three are about $20.00 a share. Some short term trading in all three should be quite profitable for the next six months. Your Nasdaq 1000 scenario sounds quite plausible. Remind me in August to start building cash or at least take some defensive positions. Regards, Jerome

To: Jacob Snyder who wrote (52372)	5/6/2001 9:47:39 AM
From: RetiredNow	Respond to of 77399

Hi Jacob, how about something in between. I bet we see NAZ 2250 by year's end and a whole lot of swinging in between. I also bet we see consumer spending bottom out by late summer as the worst of the job cuts will end in the next month or so. The only wild card is how long will it take the telecom companies to consolidate/go bankrupt/turn cash flow positive. When all those things happen and the telecom shakeout is over (my guess end of 2002), then the next major leg up on the Naz will be led by none other than our big and beautiful Cisco. :)