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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: JRI who wrote (36179)	5/23/2000 8:53:00 AM
From: michael97123	Read Replies (1) of 77400

JRI, Exactly right again. What we need in slowly rising Nasdaq (because tech can better withstand interest rate hikes) and weak Dow because those earnings will suffer. Not everything has to go up and the Dow at 9500-9900 wouldn't scare me with the Nasdaq back to 3500-4000. I believe that should be the current relationship between the averages right now. If this happens there will be plenty of cash available for post-interest hike investing. Remember Nasdaq 5000 happened with Dow 10,000.

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