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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.99

+3.1%

3:59 PM EST

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To: The Phoenix who wrote (42363)	11/6/2000 11:49:14 AM
From: michael97123	Read Replies (1) of 77398

I have also maintained that this damn close election has hurt the market. If we had an expected winner the market would adjust to the pros and cons of that candidate. That process has been delayed as we wait to see who the winner is. If Gore had been projected a clear winner earlier on, he would have moved toward the center and away from populist rhetoric and implied spending. If Bush had been projected as a clear winner earlier on, he too would have moved to the center and away from the rhetoric of excessive tax cuts and SS reform. And the markets would be now saying about either guy; This guy won't be so bad and will be a centrist. Now that will happen over the next few weeks delaying the election year phenomena and God help us if we get into an electoral college vs popular vote issue it may never happen.

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