posted December 21, 2000 01:15 AM

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As you may have already noticed I am one that shorts stocks for a living. Have been doing it for a long long time now. I missed the ride for this short, but have made good money the last few months. Well, afer looking at this stock and doing much DD; I want to encourage you longs that it seems that your pain is close to being over. I really feel for you guys, I really do. Im one that never ever posts my short positions or bash stocks. Yes, I admit shorting stocks is well simply put a scummy way to earn a living. Hoping for a companies failure means hoping for much pain to people. So, Im not proud but I have learned in business school that if youre an economist youll become rich in these markets. Folks we cant blame Greenspan. He gave us all warnings that stocks would crash indirectly. First, cutting interest rates, Second, when you went to the gas station and saw the prices up by 50% instantly that should have signaled future problems. Third, weak euro. Now back to the question at hand. Why am I here. Because, Im doing something that is rare for me; to go long on CSCO. Folks CSCO is out growing its growth despite the weak economy. That is scary. Imagine it in a strong economy. Yes, theyre out growing growth and revenues as we speak today. YOU DO NOT WANT TO BET AGAINST THIS STOCK. Theres many stocks to short and trust me folks as an experienced short you dont want to short this stock. This is not at the peak of the bear market, but coming to an end. The key to making money is not to panic. Show discipline. We our men (most of us I think) so quit whining and crying. Dont listen to the people who say this stock is still over valued. Dont fall for the analyst or basher BS. I am ready to take a long position and to those who are continuing to short this stock youll feel the same pain is the bulls did for one reason-greed. People its a very easy market to make money; very easy. This market is out of whack cause theres way too many amateurs involved. In such an oversold condition the peoples psychology has been confused. They get too emotional. Panic buy and panic sell. When they sell out of here, theyll kill themselves when they see it right back at 50 in a few trading days. When sentiments this down, look for shorts to cover. I have closed all my positions but two. Look for a serious headfake rally to 2700 before more damages come in. I wish you well.

posted December 21, 2000 01:25 AM

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posted December 21, 2000 08:17 AM

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My friend's uncle is the owner of cysco sytems or whatever its called. He's been out to cali where the guy lives. He's got home video. That guy has an awesome house, the video was 5 yrs ago and he had an 80 inch projection screen tv with thx sound. Damn this is totally unrelated to the post.

posted December 21, 2000 12:28 PM

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posted December 21, 2000 01:09 PM

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why can't i dump lucent?....it keeps ass fucking me...

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