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

To: Tom Klempay who wrote (9864)	10/28/1997 10:42:00 AM
From: MulhollandDrive	Read Replies (1) \| Respond to of 77400

>>but its unusually quiet all around SI<< Tom, don't know about the rest of SI, but I think the Style Pts. stench is still lingering in the CSCO room, I'm not sure which end he was talking out of.....bp

To: Tom Klempay who wrote (9864)	10/28/1997 10:42:00 AM
From: Muizz M. Kheraj	Read Replies (1) \| Respond to of 77400

Everyone's investing right now...that's why their busy. CSCO at 78 Muizz

To: Tom Klempay who wrote (9864)	10/28/1997 11:12:00 AM
From: pass pass	Read Replies (1) \| Respond to of 77400

It's unusually quiet because we are all trading like hell. In the first hour, I bought 3 and sold 2.

To: Tom Klempay who wrote (9864)	10/28/1997 11:39:00 AM
From: Jimbo	Respond to of 77400

Don't get excited just yet - I don't think we've seen the bottom yet. Resistance @ 7000 ! Next week with CSCO reporting ! If they don't make their numbers could be a big problem ! Please be careful !

To: Tom Klempay who wrote (9864)	10/28/1997 4:06:00 PM
From: TonyE	Respond to of 77400

you said ======== CSCO is coming back. It's up 4 to 77. The other techs are rallying. I would think people would be jumping up and down with this rally back, but its unusually quiet all around SI. =================== This is a bogus market, really. The Cisco drop yesterday simply put me back to where I was very recently so it wasn't that much to get excited and I was too busy getting my new serial IO driver code to compile to worry about Cisco. I mean, if you're like me, you have so much locked in profit that any sell moves would kill you on capital gains taxes. Cisco would have to drop into the 50s before I could get back in on an even keel after paying taxes and commissions (sp?). That said, I did contemplate buying more this morning, but in between the tine I got in the shower and the time I got out and brushed my teeth, Cisco had gone from 70 to 73+ or so and I figured that it was too late -that's nose bleed speed. From experience, I've learnt not to do anything on days like yesterday and today. Instead I buy on the longer up and down cycles, as in a month or so ago when I picked up some more at 71 or so. Less volatility and more rational decisions. By the same token, I don't buy cars on a whim either, only good scotch wiskey and cheap WinTel Pentium computers. ;-) You know, there are tens of thousands of 'technical analysts' who track the short term market but there's only one Warren Buffet. I'd rather be like Mr. Buffet. Those 'technical analysts' are the 20th century analog of the medieval alchemist. They use the latest technology to track what in reality is not measurable in terms of science. Phsychology can not yet be measured and predicted. If it could, those analysts would have all retired to Bora Bora by now and Mr. Buffet would be flipping burgers in Little Rock.