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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.38+0.1%Nov 12 4:00 PM EST

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To: Jorj X Mckie who wrote (47712)4/22/2000 6:45:00 PM
From: Benkea  Read Replies (2) of 99985
 
Jorj:

"It might be constructive to find out how much of Cisco's revenues come from the dotcoms that you mention and how much comes from established old world businesses and service providers as well as what the future slices of the pie are expected to look like."

The author also posits that the "old economy" will slow their infrastructure spending if the .coms aren't breathing down their throats thereby forcing them to spend. Many of the "old economy" companies were rushing frantically to spend, spend, spend to keep up with the easy capital obtaining "new economy" .coms who were eating away at their market share (at a loss). Of course, this point is largely moot if the capital markets reopen for the .coms.

All FWIW of course.
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