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

To: jach who wrote (18311)	10/20/1998 9:50:00 AM
From: Buzz Payne	Read Replies (2) \| Respond to of 77397

Jack, If you believe for one second that an institutional firms would consider making an investment decision based on information in this thread then you are sadly misinformed and you have little understanding of what drives market prices. The institution selling of this stock that took place was because of the recent flurry of market redemption's as nervous little investors cashed in their growth funds and high risk 401K portfolios. It is in the best interest of the institutions to sell the big gainers so that they can show as much net profit at the end of the quarter as possible. You can bet it is these same institutions that are snapping up this stock at these prices and that are responsible for the recent gains of this stock. If you are interested in learning more about investing and market cycles there are plenty of great books available in the public library. Hope this helps.