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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.38

-0.5%

3:59 PM EST

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To: lawdog who wrote (36274)	5/23/2000 5:13:00 PM
From: SyncMan	Read Replies (1) of 77400

Hey law, Monty, Gary (all you stunned). I don't see why this was stunning. The chartist on the street (Gary B) mentioned NAS 2400 less than 2 weeks ago. The NAS is still (at the moment) above 3100. We are in a very negative cycle (matched only by the wildly optimistic one a couple of months ago) that I think in the long run will be very healthy. I hope so. I hope not too many people lose there jobs and savings because of this (yes, I know the .coms will lose LOTS of jobs). I hope many of you didn't decide in March to pile into tech because it would never fall and you were tired of seeing other people get rich. 12 months ago, CSCO was at 28. Now it's at 50 (important word in that sentence was NOW). Nice return. Is it better than T-Bills? This isn't ugly... yet. :) Is it just the speed of this fall? Are you shocked of the sudden reverals (up then down)? Greenspan must be loving this.

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