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

To: Sam Bose who wrote (40244)	9/29/2000 5:35:03 AM
From: JDN	Respond to of 77400

Dear Sam: Well, if the mutual funds are SELLING for tax losses in October that gives them liquidity for BUYING other stocks doesnt it? Also by mid October I would think many of the successful large caps will begin announcing earnings which hopefully will be good. All in all I think its difficult to make predictions. JDN

To: Sam Bose who wrote (40244)	9/29/2000 7:27:31 AM
From: JRI	Read Replies (1) \| Respond to of 77400

OT Hi Sam, I agree, and I thought by not talking about it, it might go away <G> Also, a secondary concern is the IPO supply, which is quite large... Still, sentiment became so bad recently, and the market reacted very well to news from Intel, Cisco..barring another major blow-up, I am fairly confident the lows are in. Technically, it looks pretty good (we had a big volume, turnaround day, and then a retest on lower volume- sure, you'll always find those that want more volume, and a bigger "clean out", but last Friday was our 1st 2Billion share day since April's problems....that's volume, and it was quite a turnaround)...We'll see...I think, though, investors will find a way to front-run the November-January trend. Also, we have an election year..that should help (barring a Democrat sweep).. I wouldn't be surprised to see the Naz be strong the 1st 2 weeks, sell-off as earning come out (and tax selling, as you mentioned), and then rally the final few days of the month (in anticipation of November)...overall, net up...perhaps around 4000..