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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+3.1%3:59 PM EST

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To: teamturtle who wrote (50616)3/28/2001 11:02:55 PM
From: Victor Lazlo  Read Replies (2) of 77398
 
<<Chambers strategy of slowly talking down the stock is working well. >>

Apart from C. Fiorina and J. Chambers, not many US ceo's travel to Europe twice each month just to slam their own company's future prospects. So obviously there is some real bad news coming from CSCo and HP, and they are trying to prepare wall street for it. And there is some real bad news coming from the other major techs as well, IMO.

Anyone thinking this is a great time to bottom fish hasn't been through a secular bear market. This bear market has only just begun; it's going to get a lot worse over the next 18 months.
Victor
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