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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: lawdog who wrote (38731)	8/1/2000 4:17:48 PM
From: JRI	Read Replies (1) of 77399

"Where did all that money go?"...mostly, to the sidelines...it'll jump back in as soon as the market rights itself... Don't hold your breath for 50...economic slowdown already happening...oil heading for 25 (and likely below)....manufacturing slowing........inflation data continues to be mixed/down...if Naz stays near these levels for another couple weeks....consumer spending is going to continue to slow..........as we approach next Fed meeting...and it becomes clear (again) that the Fed is done for the year......upward trend will resume for B2B infrastructure plays...For these stocks are among the most insensitive to moderate economic slowdown.... You've got a window here of a couple weeks (in which the fear will still be around)....You still need to get Cisco below 60 (before 50 is even worth discussing).....won't be easy.......have fun agitating......I agree w/ E-Bill...much, much better short candidates out there.... Only a major tank of Cisco earnings/outlook could change the outlook....I wouldn't bet on that either if I were you.

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