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

To: Stock Farmer who wrote (54917)	9/5/2001 9:05:44 PM
From: Jacob Snyder	Respond to of 77400

re: So any pop we get will be jammed by a rush for the exit. Yes, that's the critical question, for me. I have a series of limit buy orders, in widely spaced increments, for a group of the highest-quality tech names. I will buy them, at these and lower prices. But the hard question is: do I do what I did after the January and April bottoms, and vigorously sell the following rally? It seems like everyone is now "selling the rally". Everyone is a weak hand, everyone is sceptical of rallies. Everyone accepts that the fundamentals won't get better in 2001, and now I'm hearing a lot of people debate whether profits/margins/sales/capex turns up in 2002....or 2003. When the consensus is that the fundamentals won't improve until at least 12 months into the future, then this and other stocks will bottom. I'm not sure we're there, yet, but we are closer than we were in January or April.