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


To: JRI who wrote (36868)6/1/2000 4:05:00 PM
From: michael97123  Read Replies (1) | Respond to of 77400
 
From what I could see every attempt to sell was met with renewed buying at the end of the day. 4% unemployment again would be a great weekend present.
"I hate saying that." Every job is precious. But thats a whole other debate. And I can live with a few upticks I guess, if it stops interest rate hikes/inflation/recession. But just a few.



To: JRI who wrote (36868)6/1/2000 10:29:00 PM
From: Zoltan!  Respond to of 77400
 
Dow Jones Newswires -- June 1, 2000

Schwab Head Trader: Big Mkt Move Hinges On Future Data
Dow Jones Newswires

NEW YORK -- Schwab Capital Management's Marty Cunningham expects a short-term rise in the markets for the next two weeks, but is waiting for economic data before looking for a large move in either direction.

In a CNBC interview Thursday, Cunningham, head of trading at Schwab, said investors "must sit through economic data and the (Federal Reserve) meeting" before expecting any powerful move up or down in the stock market.

Light trading volume has prompted "uncertainty about whether this is the real move to the top," he said.

Thursday he's seen strong buying in technology, particularly Cisco Systems Corp. (CSCO), Microsoft Corp. (MSFT) and Qualcomm Inc. (QCOM).
interactive.wsj.com