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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.90+0.6%10:38 AM EST

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To: The Phoenix who wrote (47446)1/30/2001 10:19:14 AM
From: Jorj X Mckie  Read Replies (1) of 77400
 
Congrats on the cool post...

I think that there may be another aspect as well that is competitive. CSCO can pretty much weather most storms that are thrown at it, including this one. Many of the newer companies that are far more reliant on the stock price for survival are in precarious positions and this may be an attempt to nudge them over the edge (if CSCO is having trouble, then it must be a real bitch for everyone else...). Of course, it could be that CSCO was the last one to be affected by the economic slowdown and could mark the bottom.

I am amazed that CSCO took this approach, with increasing competition and bullish comments and earnings announcements from some of CSCO's competitors, it seems to show a sign of vulnerability. Then again, the appearance of vulnerability may be the intention as well.
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