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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.31+1.2%2:29 PM EST

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To: RetiredNow who wrote (54776)8/30/2001 11:17:26 AM
From: larry  Read Replies (2) of 77400
 
BTW, the SUNW, GTW, and GLW mess is just a prelude to what is coming in the traditional warning season after Labor day.

ORCL will be next on stage. I bet Larry has the guts to declare that he is a crow eater. But...ORCL will be lucky to make 70% of the first call prediction for next year.

The 3rd and 4th Q GDP and earning numbers are still way too high. Lots of room to be revised down within the next two months. Sure the government knows how to manipulate number so that we got a 0.2% instead of a negative number that probably will be revised to later. I am just wondering how the market will react to a string of 0.1-0.3% GDP increase in the next several quarters.

larry
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