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To: uu who wrote (25127)8/6/2002 10:44:36 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
Addi,

It makes no sense to get mad. Just trade the stock in and out. There are so many 10% moves on this stock that it is unbelievable. With a 7-billion float, CSCO is going nowhere. Your best chance is to trade in and out and try to get back as much of your money as you can.

Eventually, people will get tired of CSCO and move on (or who knows, even move out of the stock-market completely). After that, there is no hope.



To: uu who wrote (25127)8/9/2002 12:10:48 AM
From: sea_biscuit  Read Replies (2) | Respond to of 25814
 
Addi:

This is what I said on this thread in article #22119. It was on May 6, 2000.

Great! So we postulate further revenue growth on the basis that corporations will go on a borrowing spree to buy the infrastructure. And not only that, we also postulate further growth in the stock price on the basis that investors will continue to borrow to buy the stock! When things get as absurd as that, it is time to get off. That has always been the case. But then, this is a "new era" where it is perfectly "normal" to expect the growth of a component factor to forever outpace that of the aggregate! Of course, when you do that, you get into certain mathematical problems, but puh-leeze, don't spoil the party! ;-)

I am very, very sad to see that almost no one believed me then! :-((