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

To: Lucretius who wrote (11508)	1/12/1998 12:40:00 PM
From: The Phoenix	Read Replies (2) \| Respond to of 77400

Lucretius, I'm not sure that response to JRH was neccessary. The point still remains that you continue to short and jawbone on the negetive side of this security without providing any facts as to why you think this stock will slide. Remember this post from Craig - the other active short position in this forum: In all seriousness I'm pretty disgusted with C$CO. It acted strong today. Out of all my shorts (I'm 100% short) C$CO is the only one I don't have profits on. I'm still down 1/2 point. I've even had better luck shorting the interent stocks. COMS looks much weaker to me, I think I will stick with shorting that one. This is because CSCO continues to gain market share. There are a number of earlier posts citing market share growth in Europe and with it expectations of strong earnings. If INTC meets or beats numbers and CSCO beats numbers - even by a couple of cents - then we'll this pup break 60. Early indications are these two events will occur. The downside exposure of course is continued turmiol in the Asian markets. But remember, the tech sector is getting beat up right now because of the uncertainty in Asia and what affect this uncertainty will have on earnings. As I said, if INTC, CSCO, and other tech leaders meet or beat numbers then this Asian crisis will be discounted and prices will again bubble up to where they were before the recent sell-off. What do you think? What's the view of the shorts out there? I should go onto note that companies that will miss numbers have already warned. Only upside from here IMO. Gary