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

To: Maxer who wrote (17952)	10/7/1998 11:56:00 PM
From: JeffT	Read Replies (1) \| Respond to of 77400

"This market is too volatile, too negative, and there too much uncertainty everywhere" This is frequently a sign of the bottom.....

To: Maxer who wrote (17952)	10/8/1998 12:32:00 AM
From: Ibexx	Read Replies (4) \| Respond to of 77400

Maxer, Thanks for your kind words. You see, it's relatively easy for me to keep cool, as CSCO, INTC, and a number of other big cap stocks are still UP year-to-date, not to mention the fact that I acquired most of these shares way back then. It's still better than CD and cash under the mattress. As to where the bottom is, I think it's a highly individualized question. For INTC, the bottom was August 29; for DELL, we may be at it (or retesting it); for CSCO, there could be a further downward movement but it will be quick; for the enterprise software companies such as SAP and PSFT, we may have seen it. In a market like this, each stock has a life of its own; yet the random energy of movements rub off on one other.... Ibexx

To: Maxer who wrote (17952)	10/8/1998 12:33:00 AM
From: Gerald Walls	Respond to of 77400

With great respect for your cool head and thoughtful way of making decisions, I humbly suggest that are not at the bottom. This market is too volatile, too negative, and there too much uncertainty everywhere. Thing is, everyone realizes it now. Everywhere I look people are turning pessimistic. A week ago everyone (myself included) was looking at the Wonderful Buying Opportunity. Now everyone is finally worried. This is a Good Thing.