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


To: Stock Farmer who wrote (61486)10/1/2002 1:46:45 AM
From: ehasfjord  Read Replies (2) | Respond to of 77399
 
In response:

?the question however remains: would you pay par for a $5 bill with puke all over it? If similarly dirty bills are available down the street for $4 each, even hardened souls might pass.

ANS. depends upon the company. I think AFCI is well run,
well managed, and has enough $$$$$ to weather the storm
that telecom and related issues are going through now.

Re; puke on the bills, as what's his name in CHRISTINE
said, "S..t washes off". I'm long on AFCI, and picked
up more yesterday - tha charts were right.

?One can take certain now-profit by buying stuff in distress versus unsure future-profit? Hey, that's the old bird in the hand versus two in the bush thing.

ans. As Ambrose Bierce stated, "A bird in the hand is worth
what it will bring".
Old quote from "The devils dictionary". In other words,
get it at the bottom - don't care what it is. Also,
THERE IS NORMALLY A REAL REASON FOR A STOCK TANKING! In
AFC's case, I don't see this. It comes from the "mind"
of some analyst who is not really respected - yet the
"sheep" go ahead and dump. When this type of thing
happens, I buy and hopefully pick up a few points before
I sell. Thus far, the strategy has worked.

Statements: The question now is the degree to which this heartless empathy between hunters is shared in today's market. If such sentiment reaches critical mass it can even become a cruelly self fulfilling prophesy. I fear we are already beyond the event horizon and are about to get a rare glimpse of the other side. Deflation is such an evil condition.

ANS: I ALMOST TOTALLY AGREE. If it were not for the low interest rates + the "tax refund", this economy would really
be in the pits. It very well could be headed there now.

BTW, I am a hunter, I kill, and eat deer, elk, thumper,
goose, duck - you name it. Thus far. I have not gotten
into "long pig" = there are several laws against this!

Take Care!