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

To: Eric who wrote (33254)	3/31/2000 5:30:00 PM
From: Kenneth E. Phillipps	Read Replies (2) \| Respond to of 77400

IMHO though we haven't really had blood in the streets since Oct of 87. Eric, How about Oct of 98 when Cisco was at a split adjusted 10?

To: Eric who wrote (33254)	3/31/2000 5:31:00 PM
From: lawdog	Read Replies (3) \| Respond to of 77400

IMHO though we haven't really had blood in the streets since Oct of 87. Before my time (investing wise), but I agree. 1929 was another bad one. It took 20 years to recover to pre-crash levels. That's something to think about when allocating your portfolio between stocks, bonds and cash. Right now I'm split mostly between BRK (just started accumulating), international MFs, short/long funds, and just bought a value fund (gasp!) No, not the traditional p/e value measures, though. More of a growth/value hybrid. Also trading some options. Some of those "old" economy options are really cheap! Made 4k in 2 days on KO April 50 calls this week. FTN 20s are also really cheap. Not usually a trader, but the volatility and low premiums call for it. This market is giving me weird vibes (not very scientific but gotta go with the gut). Must be that darn A. Cohen that's giving me indigestion. Prob. won't have another crash until the boomers are all out of the market. The longer we wait, though, the worse it will be. It seems to be a question of when.

To: Eric who wrote (33254)	4/1/2000 5:09:00 PM
From: Lynn	Respond to of 77400

Thread: I have as yet to determine the impact this will have on CSCO, but Bill Gates is taking-out the Catholic Church!! MICROSOFT Bids to Acquire Catholic Church Date: Saturday, April 1, 2000 7:16AM By Yank Yurchain VATICAN CITY (AP) -- In a joint press conference in St. Peter's Square this morning, MICROSOFT Corp. and the Vatican announced that the Redmond software giant will acquire the Roman Catholic Church in exchange for an unspecified number of shares of MICROSOFT common stock. If the deal goes through, it will be the first time a computer software company has acquired a major world religion. With the acquisition, Pope John Paul II will become the senior vice-president of the combined company's new Religious Software Division, while MICROSOFT senior vice-presidents Michael Maples and Steven Ballmer will be invested in the College of Cardinals, said MICROSOFT Chairman Bill Gates. "We expect a lot of growth in the religious market in the next five to ten years," said Gates. "The combined resources of MICROSOFT and the Catholic Church will allow us to make religion easier and more fun for a broader range of people." Through the MICROSOFT Network, the company's new on-line service, "we will make the sacraments available on-line for the first time" and revive the popular pre-Counter-Reformation practice of selling indulgences, said Gates. "You can get Communion, confess your sins, receive absolution -- even reduce your time in Purgatory -- all without leaving your home." A new software application, MICROSOFT Church, will include a macro language which you can program to download heavenly graces automatically while you are away from your computer. An estimated 17,000 people attended the announcement in St Peter's Square, watching on a 60-foot screen as comedian Don Novello -- in character as Father Guido Sarducci -- hosted the event, which was broadcast by satellite to 700 sites worldwide. Pope John Paul II said little during the announcement. When Novello chided Gates, "Now I guess you get to wear one of these pointy hats," the crowd roared, but the pontiff's smile seemed strained. The deal grants MICROSOFT exclusive electronic rights to the Bible and the Vatican's prized art collection, which includes works by such masters as Michelangelo and Da Vinci. But critics say MICROSOFT will face stiff challenges if it attempts to limit competitors' access to these key intellectual properties. Historically, the Church has a reputation as an aggressive competitor, leading crusades to pressure people to upgrade to Catholicism, and entering into exclusive licensing arrangements in various kingdoms whereby all subjects were instilled with Catholicism, whether or not they planned to use it. Today Christianity is available from several denominations, but the Catholic version is still the most widely used. The Church's mission is to reach "the four corners of the earth," echoing MICROSOFT's vision of "a computer on every desktop and in every home". Gates described MICROSOFT's long-term strategy to develop a scalable religious architecture that will support all religions through emulation. A single core religion will be offered with a choice of interfaces according to the religion desired -- "One religion, a couple of different implementations," said Gates. The MICROSOFT move could spark a wave of mergers and acquisitions, according to Herb Peters, a spokesman for the U.S. Southern Baptist Conference, as other churches scramble to strengthen their position in the increasingly competitive religious market. April Fools.;^) clubs.yahoo.com Lynn