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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.59

+0.4%

3:59 PM EST

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To: RetiredNow who wrote (53050)	5/16/2001 3:13:28 PM
From: Eric	Read Replies (2) of 77400

Hi mindmeld, Well it's nice to see the Fed take rates down. It's about time, the real cost of money has been too high relative to other currencies for quite awhile now. With the statements they released yesterday pretty much confirmed to me that we are going down to at least 3.5% by the end of summer for Fed funds Boy the shorts are getting squeezed pretty hard today. I'm surprised at the magnitude of the move up here the last few weeks without a significant correction. We may not get it for awhile! Eric

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