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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.38

-0.5%

3:59 PM EST

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To: Monty Lenard who wrote (36075)	5/22/2000 3:47:00 PM
From: JRI	Read Replies (1) of 77400

Tom Galvin of DLJ...I'm not saying that anyone should listen to these guys...but he is perma-bull that has some influence...the market rallied hard last time he was on TV...however, since the correction (has been so severe)..he has lost some luster....still, if he says the RIGHT bullish thing...some may trade off of it... Question for you: How would you classify volume today (Cisco, Naz)? My "theory" is that it IS fairly heavy today (Naz), since you have to back out the 200-300 million shares that were probably lost when daytraders got "retired" due to April/May correction...I believe, at the peak, in late March....2, 2.1, highest 2.2B was considered strong days....therefore 2B-250m shares (average)= 1.75B...we'll probably trade between 1.6B-1.65B shares today? Short-term bottom (retest) tommorrow morning? 1.8B share day tomorrow (heavy)? Stay tuned... Really nice calls today (by you)..congrats...

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