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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (21387)5/8/2001 4:35:48 PM
From: American Spirit  Read Replies (1) of 37746
 
CSCO earnings being viewed a lot more positively than this board sees them. Apparently they narrowly beat lowered estimates. I see they made a few hundred mill profit and revenues only dipped a few percent from last year. This is in line with other tech reports lately and we know they are in a sector that has maximum exposure to the net. They have some inventory problems unlike AAPL for instance but otherwise it's a "so what?" report. Now that this is out of the way the next big news is the Fed cut. And maybe more Fed cuts after this next one.
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