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

To: Mighty Mizzou who wrote (35298)	5/10/2000 1:42:00 PM
From: lawdog	Read Replies (1) \| Respond to of 77400

From TSC: The Changing Market: More Signs Pointing to a Fundamental Downshift By Brett D. Fromson Chief Markets Writer 5/10/00 12:58 PM ET [excerpt] "My takeaway from the trip to Boston? There are some intelligent people who think that the market bubble has been pricked but not popped. They foresee further declines. They do not expect the Fed to engineer a perfect soft landing for the economy. Instead, they foresee higher-than-expected interest rates, a bear market and a recession within 12 to 18 months. (Similarly, in TSC's most recent You Said It poll, 51% of respondents thought that the Fed's tightenings would slow the economy either close to or into a recession.) Only after the speculative desire has been crushed, they say, can there be a bottom. And then? A new bull market. " It's just too much for the rah rah crowd to take. CSCO is down and going lower. It may not lead in the next bull. Typically it wouldn't, but CSCO and networking have a strong future so maybe. That's the best you're going to do. You simply cannot just count on CSCO to be 30% higher in a year anymore.