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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.32

+0.9%

3:59 PM EST

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To: Dinesh who wrote (74569)	11/12/2007 11:18:47 AM
From: John Koligman	Read Replies (1) of 77400

There was an interesting article in the NY Times magazine just the other week on these quants. They seem to program their strategies around the '3 standard deviation' chance of things occurring, which apparently 'almost never happens'. Of course when it does.... Regards, John PS - Looks like one of the pioneering online trading brokerages is 'almost a goner'. Etrade was trading around 26 back in June and was under 4 today, with some question as to whether they will make it due to their mortgage exposure...

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