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Technology Stocks : Network Appliance

NTAP 111.95

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12:19 PM EST

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To: EnricoPalazzo who wrote (7005)	3/15/2001 7:12:56 AM
From: Sam	Read Replies (1) of 10934

Now that is an interesting speculation: <<Also, given Chambers' involvement in republican politics, I wouldn't be at all surprised if he was overstating CSCO's short-term problems to help GWB get a lower tax cut (or to encourage Greenspan to lower rates). He is crying "recession" louder than any other businessman I know of. It's quite possible that in that behind-closed-doors meeting GWB had with high-tech leaders a couple of months ago, he encouraged them to play up the recession bit. >> It is pretty clear that Bush/Cheney had a game plan to talk the economy down back in December. It wouldn't be that surprising for them to enlist a few sympathetic businessmen in their game. After all, it will be only a couple of quarters of pain if everything works out, and the Bushmen can give them lots of long term goodies, like continued free trade and loosening of quotas on foreign workers, especially from India for software developers. And better to take lumps now than next year before the Congressional elections. It actually makes some sense.

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