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Technology Stocks : Cisco -- Ignore unavailable to you. Want to Upgrade?

To: kvkkc1 who wrote (334)	11/25/2000 5:44:21 PM
From: Eric	Read Replies (1) \| Respond to of 405

Well I have to agree that it's mired at around 50 for awhile. Until we continue to unwind some of the speculation it won't be over. Although I think Cisco does not want to fall much below 50 because so many investors (notice I said investor) are picking it up around here! Cisco's growth is catching up pretty fast to the PE and PEG ratios so I'm not concerned about it long term. If we have a good xmas then the fed will delay cutting interest rates until he sees some worry in the economy. Looking more like a soft landing the longer this happens. The boys on WSW are leaning towards a harder landing but until we get through most of winter and see the way oil prices move all bets are off. All the WX models that I've seen from NOAA and the National Weather Service call for a cooler than normal winter. If that's true then fuel prices could ratchet up again in January. Any way you cut it the pain will continue but I'm starting to see some great bargains appearing in a lot of Tech stocks. We are not going to see the velocity of money exchange we had earlier in the year with the next cycle. Growth will still be concentrated in selected techs however. JMHO Eric