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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 86.28

-0.5%

Feb 10 3:59 PM EST

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To: RetiredNow who wrote (56565)	1/3/2002 5:20:38 PM
From: Eric	Read Replies (3) of 77400

Hi Mindmeld It looks like the run from the end of September is over and I would expect a fall back in the markets from here for a little while. Not very much for Cisco since it is down from it's recent highs. I like what is going on in China even though their economy is slowing down a little from it's torrid pace earlier last year. IT spending is going to continue to ramp up there, especially in IP spending. Cisco looks like it will have some good news from there. The chip glut is over in most sectors. I was talking to a good friend of mine who buys a lot of chips of many different flavors for his company and he is starting to see lead times increasing. Now that Cisco has worked down it's inventory I'm looking for an interesting CC come Feb. We are turning the corner nicely here. However things are slowing down here in Washington state. I'm just glad I'm not a Boeing employee. Eric

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