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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (2188)9/19/2000 12:01:51 PM
From: Jim Willie CB  Respond to of 65232
 
best way for those burned by Q is to take other wireless leaders

like Infospace, like Conexant, like maybe AlphaInd

right now I am eyeing CNXT again
I got out at 50+ in personal, 54- in IRA
now down on a good tech day, available in the 46's
CNXT is about done with backfilling that 40-50 gap
I believe it might trace back about 3/8
which would be 46+, here and NOW

/ Jim



To: Dealer who wrote (2188)9/19/2000 12:03:28 PM
From: Dealer  Respond to of 65232
 
CSCO--Cisco CEO says weak euro a "non-factor" for company
BOSTON, Sept. 19 (Reuters) - The chief executive of Cisco Systems Inc (NasdaqNM:CSCO - news), the No. 1 maker of Internet networking equipment, said on Tuesday his company doesn't have euro worries hurting other U.S. companies doing business overseas.

``We do most of our business in U.S. dollars over there,'' John Chambers told Reuters at a Boston technology conference hosted by SG Cowen Securities Inc. ``It actually has a slight positive effect in terms of expenses. (The euro) is a non-factor in terms of our exposure versus what other companies do.''

The euro dropped on Monday to its lowest level ever, battering stock and bond prices. A weaker euro - the common European currency - normally hurts the profits of U.S. companies that sell their products there. Boston-based Gillette Co (NYSE:G - news), for example, warned of flat third-quarter sales, putting some of the blame on a weak euro.

Chambers said Cisco has always done most of its overseas business in U.S. dollars.

``I wish I could tell you it was brilliant leadership, but it's not. We just started that way and continued,'' Chambers said.