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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.43

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Nov 10 4:00 PM EST

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To: Zeev Hed who wrote (57917)	8/8/2000 10:03:12 PM
From: Haim R. Branisteanu	Read Replies (3) of 99985

Zeev, take also a close examination to CSCO balance sheet, over $9 billion of undefined assets which were not there a year ago. More important the operating profits are shrinking. From 23.6 % last year to 17.1% this year. So their sales were up as they sold their products cheaper. Maybe they learned to do business from AMZN Haim

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