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

To: JRI who wrote (40412)	10/7/2000 7:53:08 PM
From: Ibexx	Read Replies (1) \| Respond to of 77400

Monday's trading is expected to be subdued, as there will be no bond market. Also, Yom Kippur will significantly deplete (major) investors.....but Tuesday should be a "doozie", in the words of Larry Wachtel, Prudential's chief investment strategist. Ibexx

To: JRI who wrote (40412)	10/8/2000 7:43:34 PM
From: bambs	Read Replies (2) \| Respond to of 77400

This week is a big on for the market. Margin calls are being hit at this level and it is important for the market to bounce now if we are going to get a fall rally. I for one think that a test of 3000 is in the cards in the next two weeks then we will have a bounce to the 3450-3600 area. It's up to real earnings and the economy from there. I'm still looking for the market to break 3000 this year. Where after it does, it will be range bound for 6 months between 2500 and 3200. If the economy picks up then we should start a slow climb back up. If oil prices continue to rise and foreign investment in US markets retracts we will be in for a rough ride down to 2200 in the months following this next leg down. CSCO will surely lose $50 in the environment. If Sagawa is on the ball with his telecom spending slow down NT and CSCO will be in for a rough 2 years for starters. Bambs