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

To: Paul V. who wrote (54083)	7/19/2001 9:33:31 AM
From: Stock Farmer	Read Replies (2) \| Respond to of 77400

"if you believe that CSCO is going into the single digits then you should be shorting it at these prices" Not necessarily. Let's say you have stock A that you think will go from $20 to $30, and stock B that will go from $20 to $200. Given limited capital, which would you buy? Same on the short side. One can bear a finite amount of risk. CSCO no longer presents competitively attractive downside amongst the universe of short candidates, just as it no longer presents competitively attractive upside. It appears to be relatively dead money. I use the term "relatively" very very very carefully. John.