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


To: Dr. Bob who wrote (18038)10/9/1998 4:22:00 PM
From: Eric  Read Replies (2) | Respond to of 77400
 
Bob

There will be some serious "tax loss selling" coming up in the very near future which may put a lid on a significant rise until after the new year starts.

Eric



To: Dr. Bob who wrote (18038)10/9/1998 4:24:00 PM
From: TigerPaw  Read Replies (1) | Respond to of 77400
 
but there's still room for caution.

I don't think you are going to see real panic selling while the economy is still growing (however slowly). Even around the world, especially Europe there is growth. This was panic selling by over leveraged speculators. Unless one of these hedge monsters files Chapter 7 and takes a few banks with it I don't think there will be a flight to the matresses.

TP



To: Dr. Bob who wrote (18038)10/9/1998 5:50:00 PM
From: rudedog  Read Replies (1) | Respond to of 77400
 
Bob -
Volumes weren't crazy
I guess you are just talking about CSCO - Dell did over 100,000,000 yesterday.

What kind of volume would you consider 'crazy'??