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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

3:59 PM EST

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To: Paul Reuben who wrote (33067)	3/27/2000 6:21:00 PM
From: Lynn	Read Replies (1) of 77399

Microsoft Slips, Cisco Skips to No. 1 3/27/00 2:22:27 PM As shares of Microsoft slid lower in the face of protracted antitrust proceedings, Cisco accelerated past the software giant into the number one spot as world?s largest company based on market value. Cisco?s market value swelled to 557 billion thanks to today?s gain of 69 cents a share while Microsoft closed Monday with a market cap of 542 billion. On the day, Microsoft capsized 7.63 a share before coming to rest at 104.06, as more than 55 million shares changed hands. The Dow followed suit as a result, falling 86.92 points to close at 11,026. Tech stocks took wing this morning, as the CNET Tech index was up more than 50 points in the first hour and a half of trading. This led the NASDAQ Composite to a great beginning that tapered off by the end of the trading day. On what was the lowest volume day of trading this year, at 1.3 billion shares, the Composite gave up 4.5 points to finish at 4958. cnetinvestor.com Lynn

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