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


To: Joan Osland Graffius who wrote (11484)12/13/1997 6:03:00 PM
From: bearshark  Read Replies (2) | Respond to of 94695
 
Hi Joan: If CSCO rallys here to the mid 80s, and then something goes wrong, I think they could outdo ORCL in a day. That is tempting. However, I am perfectly wiling to wait until the Spring, and with any luck, nail it if it is in the 60s or so.

I gave it a good look two weeks ago when it went down to 84 due to COMS. However, just as I was deciding it started back and went to 89. I figured some one else should beat it up a little before I go after it. There are a good deal of believers in this stock. Probably a few less after last week.