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


To: Ed Forrest who wrote (55876)10/8/2001 11:08:40 PM
From: Jerome  Read Replies (2) | Respond to of 77400
 
>>>I think "big money" is looking out 6-9 months.<<<

Hey Ed, big money is looking out to next week. How many shares did Janus unload in a few weeks ( 170 Million shares).

I would expect a modest pull back prior to the expiration of options.

To those like Bambs that are waiting for CSCO to get to six dollars a share.....have a nice wait.

The true value of CSCO is whatever someone is willing to pay for 100 shares in the next five minutes. Not more not less. As a trader I try to distance myself from those that claim the value of CSCO is such and such based on a mathematical model of some historical nature.

Watch the smoke and mirrors..sometimes it clears enough to figure out a few things.

Regards, Jerome