Cisco Message Board - Msg: 13665611

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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 (9)	5/10/2000 12:47:00 PM
From: Eric	of 405

I think the fed will continue to raise rates going forward until the "back is broken" in inflation. He likes to nip things in the bud. I am surprised this didn't happen to the markets last year when rates started to go up. Now they are causing some pain and my guess is the Naz goes down to around the 3000 area and hopefully base builds over time. Until rates stay level for a few periods we will continue to bleed. I just hate to say it but now is not the time to put money in the market. We are going to go to some great values in tech land in the next few months. Am I happy about it, NO but that's the bitter medicine we will have to take. Cisco's fundamentals look fantastic so get ready to buy! The economy has finally dragged us to this situation! Time will reward. Eric

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