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


To: Elroy who wrote (74591)11/13/2007 8:17:56 PM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
Once again you are incorrect. When Cisco stock was at $28 or $29, I said the risk of Cisco stock going lower was close to nil. You said that I was factually in error, which is a ridiculous statement, as I was chatting about an opinion of mine based on everything I know, not based on an in depth statistical analysis.

However, since then the stock has moved up to $30. So we're still in anecdotal land here, but at least the anecdotal evidence is supporting my earlier claim that there was very low risk of it going down further. Whereas, your claim is that there was a 33% chance that it would go much lower is turning out to be the wishful thinking one.

Keep digging your own hole, Elroy. I'm always interested in watching how deep you dig it.