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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: The Phoenix who wrote (45287)	12/21/2000 10:39:00 AM
From: michael97123	Read Replies (1) of 77400

My old college buddy had a saying he often used "It's always darkest before it is pitch black." It's like that today. The pent up tax selling which is occurring now probably explains some of this. Folks might have been waiting for the rally that never was to sell and now they are all exiting at the bottom. This should give the market some impetus going forward when this is out of the way and the market rallies. Right now this decline appears to be the mirror image of the runup to 5k. Some ta friends of mine are convinced we will hold at 2300 but with another week of tax selling left, i dont know. Is the last day of tax selling the 31th or must it be completed so settlement date is not beyond 1/1???

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