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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: Jacob S. Rosenberg who wrote ()	5/25/2000 8:35:00 PM
From: bambs	Read Replies (4) of 77400

I ask anyone that cares to answer: How is a slowing economy bullish for tech stocks? Don't the tech stocks trade with multiples that require them to grow at a incredible rate in order to be a worth wile investment? Won't the slowing economy hurt their growth and cause them to fall short of projected growth rates? Isn't tech sector arguably one the most GDP-sensitive sectors?

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