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


To: Monty Lenard who wrote (53625)6/14/2001 8:32:47 AM
From: Stock Farmer  Read Replies (1) | Respond to of 77400
 
>>I guess they just gave up or ran out of money<<

Monty, I think it's pride that's been run out of, not money.

I mean, how would you feel if for six months you'd been saying "CSCO is a better short than a long at $70" only to have it enter a trading range around $350/share? That is the equivalent position many of our long friends find themselves in. Only it's in a $20 range instead.

Or to be gleefully posting of buying it "on sale" a few weeks ago at a 15% premium to the current price.

It's still too easy to be made wrong by this market right now.

John.