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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%Nov 11 3:59 PM EST

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To: The Phoenix who wrote (40652)10/12/2000 10:25:41 AM
From: The Phoenix  Read Replies (2) of 77397
 
Now we've got stupidity reigning on the market. Folks are selling becuase of a HD pre-announce that they will miss sales growth estimates. HD was clear however that the slowdown isn't due to less business but due to lower lumber prices. So while this would seem to indicate inflation is tame and under control wall street seems to think it means weak retail sales. Funny, that is not what HD said.

Amazingly skittish market...

JNPR, and GLW tonight.... we shall see.
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