Cisco Skid...is no friend of the market!
The old song went something like this.....Cisco Kid, He was a Friend of
Mine...
Well, this week investors are reacting to the Cisco Skid!
Cisco, the worldís largest maker of computer networking equipment, sent
chills through the market this week after it missed Wall Street
expectations for the first time in six years and also warned that a
slowdown could continue for the next two quarters...
Whereís Ciscoís trusty sidekick Pancho when we need him? Just as the Dow
seemed ready to close above 11,000 and the Nasdaq on a steady roll, the
news about Cisco brought the sellers back out of the closet.
In good news, worker productivity in the US gained 4.3% in 2000, the
best year since 1983, encouraging analysts to feel optimistic about the
economyís short term future.
The Bush Administrationís 1.6 trillion tax cut is now before Congress,
so we will get to see first-hand, all of the bipartisanship cooperation
we have been promised by both sides.
This promises to be a great action movie. Pass the popcorn!!!!
This week on Emerging Company Report........Child Safety on School
Buses; Brazilian Diamond Mining
Hollywood, CA-Emerging Company Report is the nationally syndicated
television program profiling emerging-growth companies
(http://www.emergingcompany.com), featuring informative interviews with
the CEOs, insights into their operations and outlooks for their futures.
Featured companies on this weekís edition include;
Steve Rosenthal, Ed.D., President of The Majestic Companies, Ltd.
(OTC-BB: MJXC) spoke of his companyís Safe-T-BarTM for school buses.
ìThere are an average of two school bus accidents every dayî, said
Rosenthal, ìwith over 10,000 injuries annually. Our patented
Safe-T-BarTM system, unlike seat belts, is a passive restraint system
that the children are not able to bypass.î The company reports there are
over 450,000 school buses in the U.S. Through another subsidiary, the
company also manufactures and markets modular classroom buildings.
CEO Jay McFadden and Co-Founder Steve Issod described Juina Mining
Companyís (OTC-GEMM) Brazilian diamond mining operations. ìThe company
has acquired mineral and mining rights with a 49% working interest to
12,471 acres of land in the State of Mato Grosso, Brazilî, said Issod.
ìThe property is located within the Aripuana - Juina Kimberlite
Province, the largest diamond producing area in Brazilî
CEO Gifford Mabie spoke of Maxxon, Incís (OTC-MXON) progress with their
safety syringe.
Free information packages from the featured companies can be requested
by sending an email to info@emergingcompany.com.
Viewers of Emerging Company Report can receive free information in the
mail about featured companies by calling a toll-free phone number on
their TV screen. The weekly television program debuted in 1996 and is
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A complete menu of cable TV channels is available at the Emerging
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emergingcompany.com, where the weekly program may also be
viewed "On-Demand" on any computer .
Emerging Company Report television program, Copyright 2001, all rights
reserved. Emerging Company Report does not provide an analysis of
companies' financial positions and is not soliciting to purchase or sell
securities of the companies, nor are we offering a recommendation of
featured companies or their stocks. Information discussed herein has
been provided by the companies and should be verified independently with
the companies and a securities analyst. Emerging Company Report has been
paid a cash fee of $11,500.00 by the featured companies, does not
accept company stock as payment for services, does not hold any
positions, options or warrants in featured companies and the information
herein is not an endorsement by the producers, publisher or parent
company of Emerging Company Report. |
