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Technology Stocks : Cisco
CSCO 71.75-0.5%3:59 PM EST

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To: The Phoenix who wrote (3)5/10/2000 12:00:00 PM
From: Zoltan!  Read Replies (2) of 405
 
First Microsoft. Now I firmly believe that Cisco is being used to crush the exuberance out of the NAS. Whatever Greenspan says, he is targeting the stock markets.

The Fed has tried interest rates and they haven't worked, except to imperil the business of old companies like GM and raise the price of exports, hurting other old time companies while creating record trade imbalances. I suspect that the Barron's article was part of the effort, since they said nothing new and much that was erroneous.

The government is not beyond using stock index futures too, through various outlets as others point to Barron's as the catalyst.
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