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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.94

+1.1%

Nov 28 9:30 AM EST

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To: bambs who wrote (44543)	12/14/2000 7:42:09 PM
From: t2	Read Replies (2) of 77400

Bambs, You and other bears on this thread were right. I admit it. Great moves by the bears; as long as you guys avoided Cisco because it was dead money either way. The earnings warnings we seem to be getting is still from PC related stocks. I guess nothing is spared when the bigger caps in the Nasdaq are Intel, MSFT, DELL. What happens when the FED lowers next week. I am almost certain of it? What will be bought? My guess is tech. Could it be the turning point. A rate cut will help change sentiment. Telco borrowing interest rates will drop with a FED easing. Cisco still held up pretty well; NT even went up today. I suspect these types can rally as long as the FED starts easing. The profit warnings will help make the FED's decision easy. My problem is to determine the turning point; that may actually be the first rate cut.

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