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

To: Eric who wrote (11248)	12/30/1997 1:39:00 AM
From: craig crawford	Read Replies (3) \| Respond to of 77400

<< Sorry Craig but we are a long way from a bear market. >> Oh, really? What's your definition of a bear market? Were talking techs here, not the Dow or S&P. << Asia or should I say Japan would have to have a serious meltdown for that to happen now. >> Don't jinx it. Japan is teetering on multi-year lows and near critical support. (Of course it looks good tonight for the half-day shortened trading). Asia has already had a meltdown. Where have you been? << With the IMF bailout now happening that is pretty remote! >> I see. So as long as the IMF throws $60 billion here or there around to bail out these countries they are going to learn their lesson and suddenly act more responsible? Give me a break. All the IMF is saying is, "You can go ahead and act fiscally irresponsible, we'll give you billions of dollars because the US needs Korea to help it's economy thrive." "Go ahead and blow the $60 billion, but make it last, because we're not going to put up another $60 billion for at least another couple of years. Besides, we have to go bail out your neighbors now so we are a little low on cash." What is the message being sent? The IMF bails out Mexico because they are a bunch of scam artists, and now they go help out Korea. Obviouisly countries are getting the impression that they can act irresponsibly because the IMF will be there to bail them out. These kind of crutches never work. We shouldn't give Korea a dime. I say let them fall flat on their face and let their stock market collapse completely. Let them default. Then US corporations can go buy their companies on the cheap. If they won't sell let them wallow in their suffering. That will teach them a thing or two about capitalism. << You must have a lot of short positions hanging >> No, not really. What do you think? I need to convince an SI thread to run out and sell C$CO because I think it will make a difference? Like you and your family can move this stock? Get real. I'm expressing an opinion like everyone else. Mine just happens to be diametrically opposed to yours and many others on this thread. How does that make me any more desperate about needing C$CO to go down than you needing it to go up? Eh? << Don't worry there is still a possibility but it's very remote at this time. >> I love cocky bulls like yourself. Kind of interesting considering how I was holding your hand on this thread a couple of weeks ago. You were scared to death and seriously considering selling your shares. I was one of the people that pointed out that you should hold onto them if you have capital gains since 1993. Now your on top of the world again and you got your confidence back. You and C$CO together are invincible. Just what us gummy bears need for sentiment before we hook one of our claws into C$CO's underbelly and tear it's guts out.