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


To: Tulvio Durand who wrote (12450)2/13/1998 4:24:00 PM
From: sepku  Respond to of 77400
 
>>>I remember that a couple months ago you were shorting CSCO in the low 50s -- "the fat pig" as you called it back then. Well, SP, the "pig" has gotten a lot fatter.<<<

This is true. And I was wise enough to cover with my profit after only two days. The only reason I shorted back then was because there was another wave of the Asian fear sweeping across the world markets, and I knew that the wind was at my back. Not even CSCO can withstand such pessimism unscathed in the short-term. As for today, I wouldn't think about shorting this stock...CSCO's numbers look too good, and the market is making new highs.

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