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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.09+0.5%9:41 AM EST

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To: Kirk © who wrote (74721)12/20/2007 1:08:50 PM
From: John Koligman  Read Replies (1) of 77397
 
*OT* Kirk, keep a close eye on that C, if it doesn't rally sharply over the next couple of hours it will be the lowest close yet, first close below 30 although it traded at 29.50 on 11/27. Gasparino has been all over CNBC today talking about another huge writedown at MER and Thain going over to China looking for capital. I usually have a dim view of the talking heads on CNBC, but this guy has been correct in just about all the stuff he has talked about over the past few months. Must have excellent 'sources'.... It's one reason I'm dubious about these institutions, the CEO's first lie through their teeth about writedowns, then don't say anything when it becomes clear they have no clue about how this will play out...

Speaking of capital - America's 'strongest' financial institutions all going hat in hand to a Communist country that employs slave labor looking for cash? Pretty pathetic. Putin named Time's Man of the Year?? What's a trader to do, must I purchase a copy of Das Kapital to refresh my memory on this ascendant system of govenment?? <ggg>

Regards,
John
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