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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.32-0.1%Jan 30 9:30 AM EST

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To: Ed Forrest who wrote (45893)1/3/2001 4:19:03 PM
From: Eric  Read Replies (1) of 77400
 
Ed

I am absolutely stunned by the magnitude of the Fed move. I was hoping for a 1/4 pt cut this week and hopefully, hopefully another 1/4 pt at the end of the month.

We should continue to trade upwards and it should be very volatile, but the long term trend now is decidedly up.

I'm just so glad that I took a gamble a few weeks ago.

We still have some earnings problems in the short run but long term we are now entering a new cycle.

It doesn't get better than this!

regards,

Eric
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