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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.39+1.3%Nov 19 3:59 PM EST
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To: John F. who wrote (34849)5/8/2000 3:20:00 PM
From: John F.  Read Replies (2) of 77400
 
The market is pricing in a 0.5 pt Fed action now.

Once we get the numbers from AMAT, CSCO,
and DELL, I do not think the markets will wait
for the Fed meeting to start moving back up.

Once AMAT, CSCO, and DELL get hit .. the day
after, other tech stocks will start moving up first.
Then, AMAT, CSCO, and DELL recover and join
in the rally.

Who knows, with the Euro being weak, the Fed
may only move the discount rate up 0.25 points.
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