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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.19

+0.7%

1:14 PM EST

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To: Jerome who wrote (59393)	5/8/2002 7:11:24 PM
From: Lizzie Tudor	Read Replies (1) of 77400

Todays rally was more of a celebration that CSCO did not fail. But is the outlook any better for the other techs today than it was on Monday???? I was talking to someone last night about the local (SV) capex situation. He and I agreed that a positive stock market actually fuels capex spending, and has since the business media became so prevalent (cnbc). If this stock market holds some gains I'll bet some software company gets a deal that was shelved recently. Executives are taking clues from the mkt as to where business is going- scary as that seems. Lizzie

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