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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (39975)8/7/2001 5:35:43 PM
From: stockman_scott  Respond to of 65232
 
Cisco Systems (CSCO) 19.26 -0.28: -- Update -- Chambers sees Oct qtr revenues flat to -5%; does not think bottom has been hit yet, but thinks it could be seen in next 1-2 qtrs in the US while becoming worse in Europe/Asia. Says "only time will tell" if markets can grow 30-50% in good economic times.



To: Dealer who wrote (39975)8/7/2001 5:41:40 PM
From: Timetobuy  Read Replies (2) | Respond to of 65232
 
Hi Dealer,

I can see your frustration.

You know what? Analysts are going to move these stocks where they want to. Some like the companies and some don't. They have their own reasons anyway. Valuations are high which is why I haven't been buying recently. I am still very worried about the economy anyway because retailers, home builders and restaurants are cracking.

In the meantime, these stocks are in trading ranges. That will form a base and the longer that they do this the stronger it will be. Buy and sell them if you can with part of your money and just make some money till the economy gets better and forget the talking heads.

It's time to make some money. I'm looking to buy back stocks and I'll sell part of them on rallies. That's how we work in a bear market and beat cnbc and analysts at their own game.

You seem to be a fair person. I'm probably not going to post much on your thread though. I don't want to cause any problems.

Have a nice evening.



To: Dealer who wrote (39975)8/8/2001 10:11:38 AM
From: Jim Willie CB  Respond to of 65232
 
Glenda, agreed on Europe, Asia dragging us down
the US is joined at the hip with Mexico
but joined with endless ropelines to Europe and Asia

we do have some payback with internet usage
imagine not having it in 1000's of businesses for supply chains
we would have inflation NOW with stagnation

/ jim