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


To: Lucretius who wrote (11664)1/20/1998 4:55:00 PM
From: MulhollandDrive  Respond to of 77400
 
>>this market is nuttier than I thought<<
Heck I knew that a long time ago, when I saw that guys like you think you could make a dime on shorting C$CO <VBG>.....Just kidding you now, don't get mad;), How'd you do on you 10 share short anyway?



To: Lucretius who wrote (11664)1/20/1998 5:24:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
Lucretius,

Yes, it does appear that the longs are looking good. What can I say... Yeeeessssssss!!!!!

At 1/2 point + per day for the last 3 or 4 days...the momentum is clearly building as we near Feb 3. Not to break my arm patting myself on the back I did say that this would be the case as this is a recurring theme prior to every Cisco quarterly announcement. I don't think this has anything to do with how "nutty" the market is...it's simply the fact. The market has always been a buy on the rumor, sell on the news environment. Clearly the rumor that Cisco will not disappoint is far stronger than the one that say's they'll miss. I think you did right by covering here. I suspect Cisco will continue to push into the low 60's from here.

Go Cisco!!!!!

Gary



To: Lucretius who wrote (11664)1/21/1998 10:45:00 PM
From: TheInvestor  Read Replies (2) | Respond to of 77400
 
Lucretious, Lucretious you actually covered. Congradulations, you have now graduated from the school of hard knocks. Welcome to the real
world of stocks.

Best of Luck for the Future,
TI