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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: Mephisto who wrote (29257)	11/9/1999 10:33:00 PM
From: John O'Neill	Read Replies (1) of 77400

>>I wonder if investors will panic b4 the new year and send the markets into a tail spin.<< I think the powers that be..from greenspan to the govt lax accouting policies (MSFT doesn't have to count the cost of employee options as an expense against earnings)...would prefer to see a sharp correction before Y2K....this way the blame would be diffuse...blame it on Y2k fear.....if market crashes after new year, there will be hell to pay for blame..either blame because y2K was bad and govt should have prepared better...or blame because nothing happened on market crashed.....the news would end up doing a lot of the gory reporting about manipulation , accounting,conflict of interest,etc.... if the boomers saw their 401K retirement $$ slip away, a which hunt for the "crooks" would ensue...they have a hugh voting block and the market would probably go back to the dark ages.....blame would definitly land somewhere... a "crash" before Y&2K solves this problem.... any one know what CC at CSCO said about prediciton for next quarter??

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