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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 81.16

-2.4%

Feb 4 3:59 PM EST

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To: Rob C. who wrote (52176)	4/26/2001 4:04:11 PM
From: t2	Read Replies (1) of 77400

Rob, I think the Paul Sagawa comments today were keeping the sector under pressure. Faber (cnbc) mentioned that Sagawa is more negative now than he was last year. Much of the selloff today could have been due to him, especially in telecom equipment sector. I hope the negative comments have been factored into today's trading. According to CNBC, Sagawa is going to be holding a conference call in the morning. I would bet mutual funds were dumping today on his comments.

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