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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (11472)	12/13/1997 11:31:00 AM
From: Judy	Read Replies (3) \| Respond to of 94695

Hi bearshark, two weeks ago during CSCO's run to new highs CNBC said that the company had negligible exposure in Southeast Asia. Did your review of the financials confirm this? Or was it incorrect media hype once again? Thanks.

To: bearshark who wrote (11472)	12/13/1997 11:48:00 AM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 94695

Hi bearshark, thanks a million for the CSCO financial information. I am chart watching here. My assumption is when we have a monthly lower low we are seeing institutional selling. This lower low was not big. We have seen the weekly lower low significant. Before I short I would like to see this continue with heavy volume, but is not a requirement on my part. I would expect a dead cat bounce to occur because the stock will look "cheap" to some folks. But who knows. Last week people were paying for 49% growth in this stock...a little high with slowing growth.<ggg> The CEO has been saying he is committed to 30% growth, but if the business is not there buying companies with your currency it tough unless they can buy something for 10 cents on the $. Patience..is king in times like this. There is lots of room between it's current price and $0. Not that it will go to zero but there is still room for a double or triple short. Joan