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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

3:59 PM EST

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To: Jacob Snyder who wrote (49405)	2/27/2001 1:08:30 AM
From: Paul V.	Read Replies (1) of 77399

Jacob, remember the old expression, "do not fight the FED." If we would have gotten out when the FED started its rate increase we would all have been better off today. I have to remind myself that these two rate decreases are equal to four 1/4 rate increases over a year ago. Will two more 1/2 point decreases cause the market to turn around very quickly? AMAT and CSCO orders will get out and send the Tech's moving up quickly, IMO. With six months from January will give us the last of July-Sept. when the full impact of the FED rates hit us. IMO, the market is looking out that far at this time. Do you think we will hit the bottoms before then? Just my opinions. Paul

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