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#1 User is offline   -=Sgt. Config=- Icon

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Posted 12 August 2004 - 05:37 PM

Cisco Dropped BIG!!!!!
10% and all....bad news for me, i am have a lot of their stocks.
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#2 User is offline   -=Sgt. Config=- Icon

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Posted 12 August 2004 - 05:43 PM

how do you close a topic?
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#3 User is offline   Simon Icon

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Posted 12 August 2004 - 05:51 PM

If you want to close a topic, you'd best ask a Moderator :)
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#4 User is offline   alilm Icon

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Posted 12 August 2004 - 07:01 PM

You wanna close your own topic??
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#5 User is offline   -=Sgt. Config=- Icon

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Posted 13 August 2004 - 05:58 PM

nah..
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#6 User is offline   Hobbes Icon

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Posted 13 August 2004 - 06:25 PM

It did ? My uncle works for cisco in canada :(
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#7 User is offline   veritati Icon

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Posted 14 August 2004 - 06:02 AM

Quote

Originally posted by -=Sgt. Config=-@Aug 12 2004, 01:37 PM
Cisco Dropped BIG!!!!!
10% and all....bad news for me, i am have a lot of their stocks.
<{POST_SNAPBACK}>



No need to worry. There are some uncertainties now, but the Market will pick up again. CSCO will rebound. You should be good if you are in it for long-term gain. They came out with good numbers; it was their forecast that dropped the price. The reason the Market has been down is because of geopolitical uncertainties, i.e. terrorism fear & Yukos situation driving up oil prices (now hurricanes are halting oil production as well); it's an election year (Bush win is good for stock market; Kerry win will have adverse effects).

For disclosure purposes, I am a licensed trader and this is only my opinion. Make decision at your own risk.
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