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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: Jim Lamb who wrote (42224)	11/4/2000 2:34:33 PM
From: teevee	Read Replies (2) of 77399

Jim, Shares of Cisco have stalled, however. If the Nasdaq Composite -- still the proxy for tech stocks that matters -- is to recover, Cisco's stock must recover. The writing is on the wall and has been for some time. You might have noticed that in spite of a slow down in equipment purchases by telecoms etc., Nortel's growth projections(based upon their order book) are intact at 40% over the next 12 months. This has been at the expense of Lucent AND Cisco. As Lucent and Cisco customers upgrade and expand their systems, many are migrating to Nortel equipment. regards, teevee

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