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To: hhieslmair who wrote (22569)	8/7/2000 3:39:22 PM
From: michael97123	Respond to of 25814

Absolutely hilarious. I was a broker in my earlier life back in the early 70's and those folks at CNBC would be in jail back then if they said then what they now freely say on TV. I believe in freedom of speech but those folks do in fact often yell "Fire in a crowded theater" and cost investors, who act on the fear and/or hype they spread, millions and millions of dollars. They are all communication majors it seems. Few if any have any real knowledge of economics or the markets. There are certainly no MBA's among them and yet they have unimaginable influence. They are products of the times in which we live. It's like an Oprah for president movement in the financial sector.

To: hhieslmair who wrote (22569)	8/7/2000 4:00:55 PM
From: uu	Respond to of 25814

On a totally different subject. Has anyone looked at Cisco's valuations lately? They have 7.4 Billion outstanding shares. At around $65/shr Cisco has a market cap of about half a trillion dollars. People who are buying Cisco today expect to double their money in no time. That means Cisco is expected to soon have a market cap of 1 trillion dollars?! Does anyone know exactly what this means? We are talking a Company having a market cap that far far far exceeds many countries in the world!