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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: zyx1996 who wrote (50718)3/29/2001 9:21:31 PM
From: Victor Lazlo  Read Replies (2) of 77399
 
zeren I am from earth take me to your leader.

Hey if you know what co's like SUNW and EMC and CSCO are going to say in their Q1 reports, please let me know now. Otherwise you, like I, have no clue how long this downturn is going ot last. But Chambers sure is talking ugly, and he would'nt be doing that if things were ok. He and John Roth both agree this downturn is going to last into early 2002, at least.

And even after the nasdaq finally does bottom, it sure is not going back up to 5000 anytime soon. For that to happen, al the defunct .coms and CLECs and all the cash-strapped wireless co's would all have to leap back to life and start cap ex spending liek crazy the way they were doing in 1998. It's just not going to happen. There's no "V" shape in our future!
Victor
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