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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.88+1.2%3:59 PM EST

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To: Zoltan! who wrote (35267)5/10/2000 10:39:00 AM
From: JRI  Read Replies (1) of 77400
 
LHSP had blow-out numbers...and is down 3%...it is a terrible day for all techs...not just Cisco....we are still in a corrective/bear phase...I suppose big money is waiting to see the whites of the Fed's eyes...

On an optimistic note, big money/technical guys love easy, clear jump on the bandwagon moves/opportunities...Fed meeting would seem to be a good opportunity (catalyst) for such a move....we are drifting towards the 3321-3400 range..where we have bottomed twice....resistance should be thicker there...and provide some support..
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