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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: Mehitabel who wrote (36175)5/23/2000 8:39:00 AM
From: JRI  Read Replies (5) of 77400
 
I am representing a best-case bull scenario....however, it is not unrealistic that it could happen...the building blocks are there......of course, nothing is certain.......but the swing from over-exuberence (March) to outright pessimism (now) has been amazing, and likely (like all things in the market), overdone.........and it would appear, at the least, that a more moderate position (between the 2 poles) is called for...and to me, that indicates a little rally here/soon....

Also, I am also heartened by the flow of cash that continues to stream into funds....it will have to be put to work at some point..

Let me add: Many mulinationals are going to take a hit due to the weak Euro...This will disproportionally hit the Coke, Gillette's, etc..consumer stocks will struggle IMO...helping techs as well....
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