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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (28758)	10/20/1999 11:44:00 AM
From: Bill	Read Replies (2) \| Respond to of 77400

Isn't a rate increase already factored into prices? If not, why did the market drop 12% last week?

To: Eric who wrote (28758)	10/20/1999 11:50:00 AM
From: The Phoenix	Read Replies (1) \| Respond to of 77400

Eric, A better scenario would be Greenspan raises rates - even 50 basis points and a return to a neutral bias rather than leaving rates unchanged and leaving the uncertainty. I think everyone has a raise in rate dialed in ----- albeit probably only 25 basis points. I'll take 50 if we can get to a neutral. Worst case scenario is a 25 basis point hike and a remaining tightening bias....that would be baaaaaaaaad! OG