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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.23

-0.5%

3:59 PM EST

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To: bambs who wrote (35399)	5/10/2000 10:54:00 PM
From: Techplayer	of 77400

bambs, perhaps we have a slowed market for a while, but there are compelling stories with a number of stocks that will not need to borrow cash at higher interest rates and that are in the high growth technology sectors that WILL NOT be slowed by anything that the Fed does. Your doom and gloom forecast might be correct for the summer, but certainly not the long term. The CEO summit today in Virginia (I believe) was highlighted by a number of the nation's most prominent companies citing a concern over higher interest rates, a slowing economy and the NEED for technological advancement to keep productivity improving and wage pressures from affecting the bottom line. This is not 1929. The consensus from the excerpts that I read and saw clearly feel that we are in the beginning of the technology revolution. tp

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