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

To: Gerald Walls who wrote (28766)	10/20/1999 1:19:00 PM
From: Eric	Respond to of 77400

Gerald I think he has been trying to give the market a break and the economy the benefit of the doubt. But nagging inside of him is the "inflation picture". Because of Y2K I think he will not do anything more knowing that a lot of sales were moved up the last few qtrs related to "perceived" Y2K problems. IMHO the economy will slow down next year as a result of this forward sales situation. It's a one time distortion on our economy. It's quite possible the Fed will give the economy a few more qtrs before the trigger gets pulled to get a good handle on this problem. He wants to see more numbers! Eric