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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.70

+2.2%

Jan 27 3:59 PM EST

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To: The Phoenix who wrote (46302)	1/7/2001 10:01:26 PM
From: Doug	Read Replies (1) of 77400

The Phoenix: The employment report shows that the old economy is doing fine. The only group in trouble is the HIGH tech sector mainly due to excess Inventory build up and expansion of capacity using borrowed Capital. It is an important sector and now dependent on A.G for some help. If stock prices rise, that will suggest to A.G help is not required. If prices decline prior Jan, he will definitely have to step in. My guess is that we headed south instead of North.That direction is based out of practical necessity.

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