Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jerome who wrote (52373)	5/6/2001 5:45:26 PM
From: Jacob Snyder	Respond to of 77399

No, at the moment I have no position in CSCO, or in any semi-equip. I'm holding some put LEAPs in JNPR (whose valuation is absurd, even if we don't get a recession). I'm going to wait to reestablish positions in semi-equips (probably puts), once a new trading range is established. I'm thinking 56 for NVLS. Fed actions, and the strength of this month-long rally, make me hesitant about going short. The fundamentals (macro and sector), and valuations, make me hesitant about going long. I have a lot of cap gains that will become longterm in June, and I'm hoping this rally lasts till then, so I can sell into it.