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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

3:59 PM EST

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To: 16yearcycle who wrote (5330)	4/11/1997 2:23:00 PM
From: Augustus Gloop	of 77399

It should only be a matter of time before Chi-x starts shooting off his mouth again. As for the correction-here is my opinion. My fear is that yes it will continue with a slow bleed type of sell off. With rate hikes looming this market will not perform. In addition, rate increases make the dollar stronger. A strong dollar results in lower exports and then lower profits for companies doing biz overseas. The combination of a strong dollar and higher rates and a market full of novice investors means trouble. I still love CSCO and the networkers but the market is looking lack luster at best.

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