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


To: bambs who wrote (44547)12/14/2000 7:56:26 PM
From: t2  Read Replies (1) | Respond to of 77400
 
won't happen...telco borrowing rates are not coming down...telco companies credit ratings are going down...telco = bad credit rating = junk bonds = no sign of profit = bankrupt

Those are usually reasons for easing. Interest rate cuts will help reduce this types of problems..and give some push to the economy.

Saw Marc Klee of John Hancock funds on CNBC. Like you he got the downturn correctly. However, he says if MSFT holds tomorrow, it will be the bottom. Also said a FED cut will change things. The market will rally.
I think he is right and I bet there are many who followed the same strategy, like Fidelity. Fidelity had not been buying techs; underweight.

It will be one of the most interesting day of trading tomorrow.



To: bambs who wrote (44547)12/14/2000 8:14:50 PM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
Bambs,

Perhaps you didn't notice but the thrust of the article and the concern on the part of Bank of England was 3G wireless. Can you name the vendors that are most and least exposed to this risk?

OG



To: bambs who wrote (44547)12/14/2000 8:32:42 PM
From: Monty Lenard  Read Replies (1) | Respond to of 77400
 
bambs one thing I find interesting is the people who are in this market who have not a clue about a bear market. They are going to SUFFER big time. One interest rate cut will not turn this ship. They kept buying this market even after greenie raised 4 times then 5 times. Total disregard and/or ignorance. Normally 2 rate hikes is a warning to get out. One rate reduction will not be a signal to get in but let em have at it. We need someone (as does the foreign money and WS crooks) to sell this overpriced stuff to. :-)

Monty