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

To: Eric who wrote (11098)	12/19/1997 3:27:00 PM
From: Jurgen	Read Replies (3) \| Respond to of 77400

Hi Eric, In the long term we're all dead :) I am betting on the short/medium term You're right, fundamentals are stronger, long term trend is up My point: chart is weakening, world economy threatened, US$ very strong and getting stronger, growth projections might be revised downwards Look at this: Scott Bleier, chief investment officer at Prime Charter, said the triple witch and the sundry turmoil of the day make it useless to prognosticate about the rest of the day or even the rest of the year. But he's pretty certain what's in store for the longer term: "I am looking for zero to 1% domestic GDP growth, starting in the second quarter," he said. "The bond market's explosion through 6% on the downside indicates the undoubted weakening of the economy. With the weakening economy comes weakening expectations for growth and lower expectations for growth for the markets." Hey, what do i know ? The only thing i wanted to put across is: if i had huge gains with CSCO, i would consider selling. Where do you expect CSCO to go ? Do you buy a stock without having a target ? no offense intended best wishes 5speed

To: Eric who wrote (11098)	12/21/1997 12:04:00 AM
From: sepku	Respond to of 77400

>>>5speed, I hope you are not betting on the short term! The long term trend in this stock is up. The fundamentals are stronger today than last year!<<< Eric, taking into account what you just said, since the long-term trend is almost always up for any stock, no one in their right mind takes a short position for the long-term...it's always a short-term strategy. BTW -- I'm starting to believe you are the only CSCO long on this thread who sleeps with one eye open. Congrats for having common sense and an open mind. Style Pts.