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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (1743)9/28/2000 2:39:51 PM
From: fedhead  Read Replies (1) of 57684
 
The market is taking the CSCO, NT downgrade by the Sanford
Bernstien analyst very well. Either the rumored telco slowdown is already priced in or Bernstien analyst doesn't
have much clout in the street. I mean a CSCO, NT downgrade
has repurcussions on the entire tech sector. I haven't heard
any major telcos like WCOM or QWST say that they are going to cut back on spending.

Thanks
Anindo
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