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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 73.99

+0.2%

Jan 12 3:59 PM EST

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To: Jacob S. Rosenberg who started this subject	5/30/2001 1:03:15 PM
From: MHA	Read Replies (2) of 77400

Cisco will trade b/w $15 - $25 for the next 3-4 months. biz.yahoo.com "Investors are waiting for the Federal Reserve's five steep interest-rate cuts to spark an economic turnaround and lift corporate profits. The Fed has cut interest rates by a total of 2-1/2 percentage points in 2001. The fed funds rate is now at 4 percent, the lowest level in seven years. Federal Reserve Bank of Chicago President Michael Moskow said on Wednesday the U.S. economy should improve later this year but ``significant risks'' threaten that upbeat outlook. Moskow said those risks included higher energy prices, weak economies abroad and soft consumer confidence. "

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