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Technology Stocks : Cisco -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (3)	5/10/2000 11:56:00 AM
From: Techplayer	Read Replies (1) \| Respond to of 405

Gary, Great idea. Lawdog just moved over to the LU thread to stir up the pot a bit. It must feel insignificant in the real world based on recent actions. The numbers for CSCO were solid yesterday. One thing that I did not hear was guidance going forward (other than a rehash of the component issue that I minimize based on predictions for a glut by year end..per Mr. Fun on the future for JDSU's stock price). tp

To: The Phoenix who wrote (3)	5/10/2000 12:00:00 PM
From: Zoltan!	Read Replies (2) \| Respond to of 405

First Microsoft. Now I firmly believe that Cisco is being used to crush the exuberance out of the NAS. Whatever Greenspan says, he is targeting the stock markets. The Fed has tried interest rates and they haven't worked, except to imperil the business of old companies like GM and raise the price of exports, hurting other old time companies while creating record trade imbalances. I suspect that the Barron's article was part of the effort, since they said nothing new and much that was erroneous. The government is not beyond using stock index futures too, through various outlets as others point to Barron's as the catalyst.

To: The Phoenix who wrote (3)	5/10/2000 2:07:00 PM
From: mwj6	Respond to of 405

even with CSCO's amazing earnings that the entire market is still sour . I think a lot of money is sitting on the sidelines and short term pros are going short -- there have been a lot of big drops on low volume. If you look at the charts of stocks like CSCO and ORCL that have held up, it looks like we are in the second leg down of a double bottom (a very healthy formation). Long term investors that don't need the money this year don't have an incentive to take it off the table as long as the companies they have invested in are not showing a fundamental problem (and IMO they aren't). /matt