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

To: JRI who wrote (36875)	6/1/2000 5:49:00 PM
From: bambs	Read Replies (1) \| Respond to of 77400

JRI, I did say the other day that if this rally follows through it should try the 200 DMA, If we close above the 200 DMA bulls will take this as a rally signal and we should try 4000. I think tomorrow reaction to the unemployment numbers are of the utmost importance. If unemployment is lower or unchanged then I think we see a sell off. If the is the slightest increase in unemployment I think CNBC will cry rally and we will hold the 200 DMA tomorrow and look to rally next week. I see CSCO as playing a very important role in this market. Will it break out of the downtrend channel? I believe they called 66 as break out. Side note: I read a interesting article off of bloomberg today. It talked of AMZN, ETYS and other Internet companies being forced by the SEC to change their accounting practices. The article said that if the SEC has their way these companies would have to include fulfillment costs when calculating gross profit. If forced to make this change in accounting AMZN would have 50% less gross profit. They would have to revise their previous q's numbers as well as the future reports. I think these accounting changes when force by the SEC will rock the market. I believe that the public will sour on these Internets as they will feel like they have been mislead. How could online retailers think they could get away with not including fulfillment costs when calculating their gross profit? Wouldn't that be like Dell not accounting for shipping costs when they sell a PC? Am I missing something? What do they mean when they say "fulfillment costs"? Bambs