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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.21

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12:12 PM EST

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To: RetiredNow who wrote (67025)	2/10/2005 11:58:37 PM
From: Amy J	Read Replies (1) of 77400

If the Fed is bothered by what they noted as an increase in transportation costs (trucking & trains) that may impact grocery prices, wouldn't be surprised to see them increase interest rates 25 bp or 50bp. Since PEs don't usually expand in an interest rate rising environment, could mean more contraction of PEs. The 90s were special - rates were decreasing. Regards, Amy J

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