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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.11-0.3%Nov 5 3:59 PM EST

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To: The Phoenix who wrote (35821)5/19/2000 11:05:00 AM
From: michael97123  Read Replies (1) of 77397
 
Hey Gary! Don't be so down. I still believe interest rate increases are all but done. Preceding interest rate increases causing pessimism are what we see in the markets today, not a future recession. This is what Greenspan wants--soft landing, no recession, moderated inflation and I think we will see signs of that prior to next Fed meeting which will cause them NOT to raise again or at worst one more 1/4 pointer. Earnings for Cisco will not be affected if I am correct and the stock will rebound quickly as the year progresses. I think gains will be more realistic than before but substantial nevertheless.
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