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


To: SouthFloridaGuy who wrote (61414)9/24/2002 11:28:00 AM
From: chaz  Read Replies (3) | Respond to of 77400
 
NYCBoy...

Any reason why you pick sub $8? That's 33% lower than we are now, and not seen since the first half of '97.

Chaz



To: SouthFloridaGuy who wrote (61414)9/24/2002 5:21:26 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
I'm with you. Sub $8 and I'll buy. I still post on this thread but I haven't been an owner for awhile now. BTW, I started my program of buying into the market last week. I have a stash of cash that I'm splitting into 6 parts and using to buy into my asset allocated portfolio every week for 6 weeks. That program of buying started last week. So actually, I'm pretty happy that things are headed lower. I'm really hoping to buy a bunch of shares in my various mutual funds through the next 5 weeks at very low prices. Of course, if the whole economy implodes due to the dual menaces of depression and deflation, then I'm seriously out of luck. My 10 year horizon will turn into 20. But I'm making my bet based on my underlying belief that things will get better within the next year to two, if not by January. Good luck NYCBoy! I think it might be close to white knuckle time, where ever worse capitulation takes place. ;)



To: SouthFloridaGuy who wrote (61414)9/30/2002 9:58:29 AM
From: TobagoJack  Read Replies (2) | Respond to of 77400
 
Hello NYCB, <<I am close to being bullish on Cisco. My optimal buy price is sub $8>>

Be careful;0)

Message 18043000

"The rest of the report discusses the ‘giving back of 6 to 12 years of bubbly gains’, ‘Dow at 2,500, Nasdaq at 350, SUNW at USD 0.5, CSCO at USD 0.08, NOK at USD 0.15, ORCL at USD 0.12, AOL at USD 0.05 (1990 prices)’. The good Doctor is not suggesting that these shares will reach those prices, but he is saying there still exists considerable downside risk."

Chugs, Jay