Cisco Message Board - Msg: 14868695

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Technology Stocks : Cisco

CSCO 74.45

+1.8%

9:30 AM EST

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To: Paul Reuben who wrote (318)	11/22/2000 7:47:28 PM
From: The Phoenix	of 405

Yep... As I have been saying on "the other thread" the capex issue has been way overblown and folks are running for the doors based upon anaylst and fund manager hype and fear. I suspect that things will normalize long term as the pendelum has swung to the bearish side for now. The truth lies somewhere in the middle - between 5000 and 2500 IMO. So, while there are those that may point to short term weakness as an indicator that "they were right" the truth as I said is that the softness is overblown. This of course shouldn't be read to mean that the selling isn't over because much of it is based upon sentiment rather than reality. Something will need to happen to change sentiment.... and well..... it'll be interesting to see what that something will be. OG

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