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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.46

-3.7%

3:59 PM EST

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To: The Phoenix who wrote (34422)	4/27/2000 10:18:00 AM
From: lawdog	Read Replies (1) of 77400

Oh, now that is optimistic thinking. The problem is the markets will be swimming against a very strong current and may get quite tired along the way. Wow, look at that NDX go. It may close up 200 pts today!!! That should scare the bull crud out of you ;) I'm going to have to start buying NDX May 3500 puts at this level. Don't you agree the market is cornered. Good earnings and trade deficit = high domestic spending = higher interest rates = bear wakes up from hibernation and is hungry for some CSCO honey (which Go Johnny Go Chambers will tell you is very very yummy) = new economy firms can't use options to pad earnings = lower earnings = multiple contraction = ouch! I think I need a NASDAQ band-aid for this inflationary boo-boo. Risks are very high my friend. Roll the dice at your own peril!

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