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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.47+1.9%Nov 3 3:59 PM EST
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To: Gregory S. Wagner who wrote (23059)2/24/1999 4:27:00 PM
From: James A. Shankland  Read Replies (2) of 77397
 
CSCO just dipped below 100. What's triggering this

Market as a whole took a late dive. Somebody noticed that Greenspan's nose hair kind of twitched every time he said "interest rates"; then the 2-year T-bill auction was a disappointment, so the long bond followed suit, and that made the stock folks suddenly wonder what was holding the S&P 500 up at 1280, when it was in the high 1230's just late last week, so they sold off, too.

In other words, nothing to do with CSCO specifically.
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