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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: Mighty Mizzou who wrote (35264)5/10/2000 11:50:00 AM
From: Crystal ball  Read Replies (2) of 77399
 
Open Memo to John Chambers: CISCO can stop the Fed dead with a BUY BACK plan, the future of US Equity Markets may depend on NASDAQ leadership protecting the "currency" of the Equity markets (their stock is their currency) by stabilizing the price of their own stock equities. This must be done in the face of the Federal Reserve's ill deserved and irrational plan to continue to raise interest rates for perceived minor non-price inflation (low unemployment and increased interest rates)that the Federal Reserve itself has created (by raising Federal rates) in our inflation free and otherwise robust economy. This can be done the same way countries do so, by buying back their "currencies". This will create two US Currencies, the Dollar and Stock Equities. The Federal Reserve deserves to be put in a secondary position to the S.E.C. and N.Y.S.E. and NASDAQ on account of its open bias against the more important and vital national interest of the financial markets which represent over half (>50%) of the Gross Domestic Product GDP in comparative relation to the rest of the entire US economy. This will take leadership, and as the current primary high technology company leader, we would ask that CISCO and you yourself, take this leadership now, and lead the other NASDAQ major capitalized companies into doing the same. Without the high technology "currency" of NASDAQ stock equities stabilized, America is throwing away its entire future leadership in high technology and the drive to connect the world with electronic globalization through e-commerce and the internet, of which CISCO is the world leader. Are you Ready?
I am, your shareholder,
Truly your$,
-Crystal Ball
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