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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.48+2.0%Jan 13 3:59 PM EST

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To: Monty Lenard who wrote (44048)12/3/2000 9:59:48 AM
From: zbyslaw owczarczyk  Read Replies (2) of 77400
 
Soros had similar opinion in fall 98, made lots of bad movement over the last few years and lost fortune in 94 on bonds.
He is just another big speculator(you call them crooks), who is serving its own agenda.
Fed future funds are already indicating 3 x0.25% cuts by Fed.
Worldwide economy is in much better shape then 1998(at that time half of the world was in recession) and coming cuts by Fed will quickly push US ot 3-4% growth.
BTW, did you noticed hat Friday NMPI was 47.7% mainly b/c of auto inducstry, and the rest was up.
Also, order index was up what indicates that economic activity is at the bottom.
Fed has te most accurate access to economic data, and belive me they know what they are doing.
They have much better track record then Soros.
There is nothing wrong to put pressure on Fed, anyway.
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