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

To: jach who wrote (18326)	10/21/1998 1:43:00 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 77397

>>IMO, one can side line and can get back in after the earnings report come out. You're trying to time the market, or at least csco. Not many of us have enough insight to do that, but I wish you luck. For myself, I invest in good companies and don't sell unless their fundamentals change. Cisco will challenge their high of 70 1/8 later this year, and I don't want to take a chance of missing it <g>. Good luck, Frank

To: jach who wrote (18326)	10/21/1998 4:05:00 PM
From: Clint Todish	Respond to of 77397

>>nasdaq down about 0.5% but CSCO was down almost 4%; this is not a good sign, from price patterns, seems like some small investors seem to be getting in a little bit here and there, but the big boys are dumping. Historically, imo, when stocks showed this type of pattern it's a pre-cursor for some bad news such as a warning or downgrade. IMO, one can side line and can get back in after the earnings report come out. Even the earnings meet or beat by 1c, the stock may drop as asnd did today initially. If the qtr report includes some warnings for future qtr, then it will take a big hit and very likely drop 30% to 40%. So, imo, why take the risk as the upside form now till earnings report is not much but the potential downside is a lot. And it looks like the big boys seem to be getting out to some extent. << Nasdaq up 2%, CSCO up over 6%...not sure what THAT tells you. Whatever it is, I'm sure it's about as moronic as the rest of your posts. -C

To: jach who wrote (18326)	10/21/1998 4:31:00 PM
From: Jorj X Mckie	Respond to of 77397

jach, since you talk of price patterns, you should pay more attention to CSCO's specific price pattern going into earnings. Your strategy ain't a winner here. But you know that, don't you? Tom one can side line and can get back in after the earnings report come out. Even the earnings meet or beat by 1c, the stock may drop as asnd did today initially. If the qtr report includes some warnings for future qtr, then it will take a big hit and very likely drop 30% to 40%. So, imo, why take the risk as the upside form now till earnings report is not much but the potential downside is a lot.