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


To: Wyätt Gwyön who wrote (52644)5/9/2001 8:19:18 AM
From: Rob C.  Read Replies (1) | Respond to of 77399
 
I wonder if the shorts will cover at the open, or will they wait for the stock to trade above 20 in the first 30 minutes of trading. The future which is only 4 to 6 months away will be bright again and gloom will be over. Next week we get another 50 basis points and the market will have more fuel for this rally.

Is the internet dead? I don't think so.



To: Wyätt Gwyön who wrote (52644)5/9/2001 8:34:00 AM
From: JakeStraw  Respond to of 77399
 
>>which implies a trading range of $10-$15.

That's what I've been thinking myself... Message 15745245



To: Wyätt Gwyön who wrote (52644)5/9/2001 8:39:01 AM
From: GVTucker  Read Replies (1) | Respond to of 77399
 
First Union may have downgraded, but have no fear, H&R Block has upgraded CSCO to a buy from an accumulate. Seriously.

I wonder if they do a complimentary 1040 with every 10 trades?



To: Wyätt Gwyön who wrote (52644)5/9/2001 8:40:58 AM
From: uu  Read Replies (1) | Respond to of 77399
 
Dear Mucho: Re:which implies a trading range of $10-$15.


Per your previous post, whats this to you?! You wont buy till CSCo is at $6 anyway?! And then only if it drops to $3, and perhaps even $1 or $0.50/shr!

Now you are not shorting CSCO, are you?! If so please understand the meaning of the following 2 concepts:

1) When you take a long position in a stock your risks of losses are well known facts for which the maximum you can lose is exactly equal to the amount you put into purchasing the stock (plus commissions of course). This is because the maximum a stock can drop is $0/shr.

2) When you short a stock your risks of losses are not known for which the maximum you can lose has no limit. This is because the stock can go up indefinitely without you knowing its upper limit boundaries.

Hope that helps!

Regards,