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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 85.47

-0.9%

Feb 11 3:59 PM EST

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To: RetiredNow who wrote (56565)	1/3/2002 11:43:31 AM
From: Dave Gore	Read Replies (1) of 77400

Cisco could easily test $22 on positive Merrill IT research report that said that IT spending will increase and CSCO and MSFT will be 2 big companies to benefit. This is the time to buy the quality names. Lots of people have confidence to get back into tech today because of the Intel's positive action. I think a lot of people are starting to get afraid of missing the rally, especially in tech. I am already in tech bigtime, but getting ready to take some profits and get back into drugs and biotechs like MDT, ESRX, MLNM, etc. I love tech long term, but Biotech names are getting pretty cheap here too. Let's see if we can get over 2050 on the Naz.

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