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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: bambs who wrote (39450)8/13/2000 8:12:28 AM
From: Eski  Read Replies (1) of 77400
 
Bamb,

These guys somehow forget we have had 6 interest rate hikes which haven't filter down in to the economy yet. It could take 6 months to a year to see what effects they will have.

It will be interesting to see the 1st and 2nd quarters earnings of 2001.

But of course the Bulls would have you believe the Tech's are immuned from interest rate hikes and a slow down in the economy.

Time will tell the truth.
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