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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.94

+1.1%

Nov 28 9:30 AM EST

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To: jach who wrote (20071)	12/23/1998 2:04:00 AM
From: jach	Read Replies (2) of 77400

Asia is down again. It seems that there was no significant impact to US mkt during last few sessions from global mkt conditions. One possible reason may be that the fund managers are loading up on stocks especially the ones that had a good run up for year end showing. Weak global mkt conditions, continuation of turmoil in russia, brazil, indonesia, and parts of asia, very little profit growth forecast and the recent run up will collectively fuel the downward trend starting just before qtr earnings release in Jan. imo.

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