Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Suma who wrote (60656)	8/5/2002 9:46:39 AM
From: BWAC	Read Replies (1) \| Respond to of 77400

Why? Cause Broker Pimps control vast amounts of capital still and can sway the market with their comments. Using such vast capital to induce a selling mantra and separate small investors from cash rich undervalued companies. All exacerbated by the lust to sell short anything that moves right now.

To: Suma who wrote (60656)	8/5/2002 9:49:08 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Because Cisco is worth about $6-8 per share based on discounted cash flows. So what we are seeing is a return to fundamentals type valuation.

To: Suma who wrote (60656)	8/5/2002 5:00:13 PM
From: Jack Hartmann	Read Replies (2) \| Respond to of 77400

Lehman is painting the tape for an upside. What analysts downgrades a stock a dollar? Gimme a break. He put in the news as a sell but it is a buy. Read the analysis on cbsmarketwatch. News is more positive than negative. Long for a swing trade at 11.38. CSCO has good shot at $12.50 before options expirations. Also, selling volume is slowing quite substantially today until Friday. The MMs took it down and people bought the dip everytime it got to intraday lows. That pattern is not short covering but hedge funds buying for a ramp into earnings. The funds want it below eleven but they might have to wait a few weeks. But who knows what the heck will happen. ;) Jack