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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 70.84

-1.8%

12:16 PM EST

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To: RetiredNow who wrote (62092)	10/22/2002 10:36:58 AM
From: t2	Read Replies (2) of 77397

Cisco took off after the initial morning weakness. It makes a lot of sense to me. PC and semiconductors are weak sectors fundamentally. In the past (late 1990s), that has meant movement into networkers. The good thing now is that there is less selection for most funds; can they really buy Lucent or Nortel...not until the reverse-stock-splits.<g> Money is coming into tech and is going to lead to a lot more buying pressure for Cisco, imho. (another bullish big factor is the underperformance of Cisco in the past few weeks)

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