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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.32-0.1%Jan 30 9:30 AM EST

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To: JRI who wrote (36531)5/25/2000 8:19:00 AM
From: michael97123  Read Replies (1) of 77400
 
JRI,
Heard on the news that printing industry has had dramatic slowdown in last month or so. Layoffs perhaps to follow. I think the 3.9% unemployment rate will be the low and all numbers will begin to point to the end of the high interest rate cycle. I will be listening to Greenspan today to see if he signals this. Next interest rate trend will be down. Only one more raise possible in June IMO. All that worries me now is that they may have overshot the target. What were they thinking with last 1/2% increase if slowdown is here already? Good luck JRI. I regret not buying yesterday and will continue on the sidelines as I added too early. So I bought my last CSCO at 57. 5 years out will it matter? Dont believe so. And for this TA stuff on this board. God bless those guys. 90% of them are busted now but we do need their money back to keep things liquid. After all, over the years their losses really wind up in our long accounts.
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