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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

3:59 PM EST

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To: Eric who wrote (36103)	5/22/2000 4:52:00 PM
From: lawdog	Read Replies (1) of 77400

Fed is looking at inflation in the overall economy, not just NASDUMB value inflation. Hikes will continue. Earnings warnings will be a sign that the hikes have begun to take effect. Then, and only then, when the economy has cooled, will AG stop. Americans are spend happy. Fuel prices are beginning to rise again. Soft goods manufactureres are gaining pricing power. Labor is too tight. Liquidity will be decreased, not increased (for real this time, AG won't just say he's decreaseing liquidity). Only hope is the sad pleas of the European Union, "please, please AG, don't kill our neat little Euro". Tough. If it wasn't for us, they'd all be speaking German, ja? AG is one mean dude to stockholders of overpriced tech stocks.

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