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


To: LLCoolG who wrote (16607)8/31/1998 4:18:00 PM
From: Joseph G.  Respond to of 77400
 
<<Joseph G. obviously knows more than anyone else>>

Not everyone, just most retail speculators who call themselves "investors".

Was watching the tick at $85 - lots and lots of 100 share lots, a few 200 and fewer 300 - buying. Lots of 1,000 and 2,500 lots - selling. Now we know who won the $85 battle. Mo mo funds that bid up this stock way above any reasonable valuation are dumping it - because people call in "transfer me to money market". And the callers are not stupid, they are just raising 10 - 20 - 30% cash.