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

To: JRI who wrote (40132)	9/26/2000 5:05:53 PM
From: bambs	Read Replies (2) \| Respond to of 77400

I think it will take more then just the current down trend to get through $50. I think oil, the euro or a warning out of the likes of a IBM or something will be needed. That is for short term any how... I think Nas will test 3500 and fail, then test 3000 in October and bounce. I think that if oil continues to rise, the euro continues to fall or a general slow down telecom continues, 3000 will be broken and we will be range bound between 2500-3000 for the next 6 months. In that time we will see what these techs are all about. I think the effect of the market coming down will further slow the economy and could lead to a recession in the new year. Retailers getting hit hard first. Then a trickle up effect through out the economy. Bambs