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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 84.78

+2.9%

3:59 PM EST

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To: RetiredNow who wrote (55307)	9/17/2001 12:05:09 PM
From: larry	Read Replies (2) of 77400

Come back to tell us that this IS the bottom in 3 months.:) Not by a mile. The Fed, the SEC, and the companies have tried everything to avoid a temporary crash in the market. An artificial rally is likely, but it will be another bubble. Nothing has changed the fact that the economy is very very weak and we are in the first phase of a severe recession. And actually, it's getting worse. The good part is that the government, all experts and pundits now have a nice excuse for the inevitable. Both ORCL and SUNW announced huge share buy back plans when issues were trading at around 20. That did not help in the long run. The only way that an artificial market rally can be sustained is that the SEC changes rules that totally prohibit shorting, allowing companies to buy shares at whatever time, and partially inhibit foreign and institutional investors from selling in the next 12 months. Well, that will be communism, instead of capitalism.:) larry

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