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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.32-0.1%Jan 30 9:30 AM EST
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To: The Phoenix who wrote (46066)1/5/2001 1:34:04 PM
From: larry  Read Replies (1) of 77400
 
Gary,

In the long term, Chambers and Bill Gates will join the likes of Michael Dell to enjoy those old college years again. Fed will certainly help, but there is only a certain degree that a broken bubble can grow. Both CSCO and MSFT will see early 20s down the road because their respective CEOs will pay whatever to enjoy youth again.:)

When Street sees lowering rate cannot stimulate the economy to the degree that they like, or to say to support the valuation of Nasdaq 100, which still trades at P/E 100, they will push the index toward 1500-1800.

larry!
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