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

To: The Phoenix who wrote (42695)	11/6/2000 7:36:26 PM
From: t2	Read Replies (1) \| Respond to of 77400

You have to admit - that is freakin amazing! It absolutely mind boggling. The worry on Cisco for so long was that it could not sustain such a high growth rate. Cisco FINALLY put that fear to rest at least for a few quarters and that is what investors will be staring at tomorrow. Many were probably expecting Cisco to guide lower or not guide up-- given the law of large numbers. They must have been shocked it did not happen! I sure would be. It was never about the earnings or the revenues, it was about being able to grow at such high rates even in the near term. Cisco does it again!!!!!! That is why in my mind it is about to make a upward move going into the rest of November. One has to recognize that it has formed a strong base at current levels and we are not going to see big sellers of this one ANYMORE! That is the key....the worry is gone for a few quarters. I keep repeating this but it is the reality, IMHO. Combine that with a bottoming of the Nasdaq itself and it is easy to conclude tech is headed up and Cisco should be the tech stock moving up better than its big cap peers like Microsoft, Intel, Sun Microsystems etc...