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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.22

+0.1%

Nov 24 3:59 PM EST

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To: bambs who wrote (41860)	10/30/2000 7:17:14 PM
From: Ian Davidson	Read Replies (1) of 77400

Re. "Capital spending plans are under pressure as companies see slower revenue growth and a squeeze on profits," said Richard Berner, president of the economists group and chief economist at Morgan Stanley Dean Witter. "Marginal borrowers won't get the financing they thought they would. This is going to put the brakes on economic activity." So why is the Dow rallying? Their profits won't be hurt if this is true?? Ian Ian

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