Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: craig crawford who wrote (12166)	2/4/1998 10:50:00 AM
From: mattie	Read Replies (1) \| Respond to of 77400

Craig, I hope you know what you're doing. This stock looks strong and should be a good performer over the next few years. It is very dangerous to short without stop losses. Cisco is the stock to own in the networking business and is taking market share away from all competitors. Why not short the weaker stocks in the group? I made good money shorting the 'second tier' networkers in 1997 - but never did so without a stop loss. To be successful you have to admit when you are wrong. Everyone is wrong in this game at one time or another. Best of Luck!

To: craig crawford who wrote (12166)	2/4/1998 10:51:00 AM
From: Dr. Bob	Read Replies (2) \| Respond to of 77400

A few months ago, when this sector was in a deep correction due to earnings shortfalls by CS, ASND, COMS, etc., a number of folks (analysts, Chambers, etc) said the correction was overdone, because this sector was simply going through some product transition issues, weakness in Europe, etc, but that it had a bright future. The predictions of 30%/year growth were made several times in the course of those discussions, and I haven't seen any of those folks backtracking since, so I think it continues to be a reasonable estimate. What's yours? (and supporting data, if available). Bob