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

To: Jerome who wrote (54319)	8/6/2001 8:42:06 PM
From: Gottfried	Read Replies (1) \| Respond to of 77400

Jerome, you ask >if you go to the AMAT thread a majority of the posters are predicting AMAT + a 100 two years from now, but they will not make a simple prediction about the price of AMAT two months from now.< Simple, two years from now one of us may be dead or we will have forgotten about the prediction.<vbG> PS: CSCO will close at 19.76 tomorrow. Gottfried

To: Jerome who wrote (54319)	8/6/2001 10:26:17 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

The reason why no smart person predicts short term is because if you've had any statistics classes you know that IT IS POSSIBLE to predict long term trends with a high degree of probability. However, it is almost impossible to predict short term trends with any degree of reliability. That's because in the short term, all the stars may be aligned for a certain outcome and then some noise or statistical blip comes in and makes everything stand on its head. That's why only speculators and gamblers try to predict short term.