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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.88+1.2%Dec 8 3:59 PM EST
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To: michael97123 who wrote (43111)11/8/2000 2:02:12 PM
From: The Phoenix  Read Replies (1) of 77400
 
Michael,

Given the run from 3100 to 3500 this pullback is very healthy... and perhaps some, if not most of it is due to uncertainty around the election. I wouldn't be too overly concerned. As for the vendor financing... the common "wisdom" is that these financing deals are net bad... mainly because of how they affected LU. However, they indeed may be net good in the long run. What we're seeing right now is investors making decision based upon emotions - not on fundamentals. Long term this will all balance out.

OG
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