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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

0.0%

Dec 24 12:59 PM EST

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To: bambs who wrote (44820)	12/18/2000 5:19:05 PM
From: The Phoenix	Read Replies (3) of 77400

Actually bambs.. I just got back from taking a friend to the hospital, it's not like I was hiding. As I mentioned before price moves like todays... and anyday when they move like this - bullish or bearish - is out of fear and greed typically with a layer of a lack of understanding. The question at hand is what changed today that supports a $40B cap reduction? Was it because CSCO increased the loss reserve to $275M??? Does an increase of $275M in loss reserve warrant a $40B cap reduction? Isn't $275M about 1/3 cent on earnings??? OG

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