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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.32

+0.9%

Jan 22 3:59 PM EST

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To: Eski who wrote (43457)	11/14/2000 8:20:54 PM
From: t2	Read Replies (1) of 77400

how sick of a market this is when everytime there's a severe dip they have to call on Abby to save the day, LOL. In the end it won't work and fail, these rallies will be sold. Eski, All I can say is that Abbey is not really saving this market. It is the companies reporting earnings. ADI and SCMR today had great reports and outlook, maybe to many bears' surprise. That is what is changing the landscape right now from the extreme spending slowdown scenarios. ADI is even announcing share buyback plans tonite. The companies will buyback their own stock given the low valuations. I bet you will see lots of such announcements in the coming days. Strategists like Abby just call it like they see it. Remember she cut her stock positions last March; talk about great timing. So far, I have found her to be always right--at least as far back as 1998. Great record. When she says undervalued by 15% (S and P 500), that is a very bullish statement coming from her. Once we are over this election hurdle, the rallies are going to be very explosive. The rally today was not sold into even as the uncertainty in the election continued after 3 pm. It is a sign, IMHO.

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