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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: TokyoMex who wrote (17587)	10/2/1998 1:43:00 AM
From: jach	Read Replies (2) of 77400

mkt is way oversold; acting as though rate cut was not there; typical panic selling by funds as well as investors - a majority portion of corporate earnings shortfall is already accounted for in the mkt, if not we'll be at 9000 instead of around 7700. Historically looking at it, no bear mkt triggers are here today - inflation is way low, interest rates are way down, money supply is still quite good; the mkt is now poised for a good run up from now on with possible minor hiccups here and there.

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