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Pastimes : Home on the range where the buffalo roam
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To: McNabb Brothers who wrote (12415)4/8/2001 5:30:27 PM
From: Sig  Read Replies (2) of 13572
 
Now for the good news:
Buy at the open. Tomorrow the Fed cuts 1/2 or 3/4 and Mr G. does not talk( when he talks the market goes down)
Pres. Bush will accept the modified Senate tax bill (its close enough)
Mircosoft case will end soon with such a complicated result we won't understand it. Confusing enough so that the public does not sell other equities to jump on the bandwagon
Those 100's of points drop in Dow woke Wash congressmen up to their own peril, instead of just enjoying seeing the techs "get theirs". University contributions were invested heavily in techs, grants will not be what they once were.
There will be major negotiatlons between the govmt,banks and the Telcos to bring them back up to speed and help Csco. The public will pay for it, as usual, thru increased phone/Isp rates.
This will put the power back in the "right" hands, with a buyers market- an end to outrageous charges for optical network components by Nt Jdsu, Glw, etc. No more gravy train, but they should survive.
But there will be real pressure on subcomponent providers to the majors and some will "go missing".
The rest is the easy part, just tell the broker to sell at the high (he is supposed to be better at that)
Greg will have to debate the effects on wireless(G)
JMHO Sig .
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