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


To: Eski who wrote (43711)11/22/2000 5:17:34 PM
From: t2  Read Replies (2) | Respond to of 77400
 
Eski, It will be interesting to see how things go after a resolution of the election. Right now the worry over a constitutional crisis is what is hurting the market.

I would note Cisco has held 50 again while the Nasdaq has gone down. A lot of the higher PE stocks have been hit but the big caps have been fairly immune to the recent selling.
Internets are dot.dead for example.

If by chance we see a clear resolution in favor of Bush this weekend, it is going to be over and a rally to about 3500 will follow before a slight pause takes place for a few days.