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To: Tony Viola who wrote (121195)	12/7/2000 5:24:09 PM
From: John Koligman	Read Replies (1) \| Respond to of 186894

Tony, Thing is, the expansion has been going on a long time, so I think we were due. Cisco is going to hit the wall one of these days, just like Dell and many others did. The NASDAQ doubled in a very short time over last year and early this year, a distinctly unusual event. Even with this drop, it's only back to year ago levels. I think it's healthy, as we had way too much speculation on garbage stocks. Best regards, John