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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.26

+1.2%

Jan 15 3:59 PM EST

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To: RetiredNow who wrote (54782)	8/30/2001 12:05:53 PM
From: larry	Read Replies (1) of 77400

Hi Mind, I talked to about half a dozen Wall Street bankers and traders in the past several years. It seems to be that a consensus among them is that the numbers released from government are massaged just like the earning number from the likes of CSCO, but not to that extent. The big bankers did the calculations themselves and maybe they did not like the number they got, and used the opportunity of government releasing a better than expected number to sell to the suckers. Eventually it's us average Joes that are left holding the bag. The other issue that I am worried about is the real estate bubble. When that one bursts eventually, what are we going to do?:) larry

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