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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 3:59 PM EST

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To: JakeStraw who wrote (48364)2/7/2001 10:32:33 AM
From: michael97123  Read Replies (1) of 77400
 
Uncertainty is what the markets about. Frankly I blew it last year by not getting out when rates started to rise. Ther was a delay to that process and during that period nasdaq went up an additional 1500 points. There is a delay in rate cuts also and cisco weakness today reflects that more than any of the bs on this thread about crisco. We only have to worry if cisco doesnt lead the industry and market back as rate and tax cuts kick in. A good deal of the benefit of rate and tax cuts is already being seen in terms of sentiment which will improve. Also the Bush favorablility numbers are very good indicating growing confidence. The election tie unsettled an already nervous population and Bush acceptance plus eco remedies by AG and Bush that are here and/or coming soon will aid sentiment immediately as well. Was anything in ciscos numbers and projections really a surprise?
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