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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.05

-1.3%

3:59 PM EST

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To: GVTucker who wrote (37238)	6/7/2000 12:28:00 PM
From: THE WATSONYOUTH	Read Replies (1) of 77400

Re: "The last time GE didn't make its numbers, I bet that CSCO wasn't even public. That's worth something. Of course, you probably won't be surprised to learn that I think that the market accords GE too much of a premium, also. <g>" The over funded part of the GE pension plan contributed about $1.4 billion to GE's bottom line last year. This "benefit" has been growing steadily with the long bull market. I think big business is lobbying Congress to allow even a higher percentage of over funding in corp. pension plans so as to be able to grow these windfalls even larger. Perhaps this helps Ge's premium as well??? THE WATSONYOUTH

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