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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Kelvin Taylor who wrote (26522)11/7/2000 9:12:35 AM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
KT, actually csco reacted quite well, given the skittishness in the market, this sector, and the election. expect to see csco sell off some this morning, stabilizing in the 52 area at worst. or hope so. wall street is convinced there will be a slowdown in telco spending and these companies, NT, CSCO, etc, will not be able to continue to sustain such lofty multiples. they may well be correct. think other areas will be more rewarding in the near future. larry