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

To: JRI who wrote (40198)	9/28/2000 1:04:52 PM
From: GVTucker	Read Replies (2) \| Respond to of 77400

FYI, Merrill issued a note a few minutes ago in response to the Sanford Bernstein downgrade. Basically, they said that even though they also expect spending growth to moderate, they felt that this was already in both their and the Streets numbers, and they'd buy CSCO on this weakness.

To: JRI who wrote (40198)	9/28/2000 1:36:36 PM
From: michael97123	Respond to of 77400

Instead of a big blow off in stocks we got the 30 day continuous version. Perhaps the big blowoff effect is already behind us and we get this market roaring for earnings season. Where is the bad news? What do I miss? Where is the recession? All i have seen is Greenspan pumping cash into the system, combined world action over oil and the euro beginning to work and probably the fewest earnings warnings in quite awhile. This bounce may be purely technical but it may become quite something else next week and beyond.