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

To: Jorj X Mckie who wrote (44962)	12/19/2000 4:36:22 PM
From: Frank Ellis Morris	Read Replies (3) \| Respond to of 77399

Technology Tanks after Fed Meets. Mr Greenspan would do the country well to resign. Thanks for the no action Christmas present Mr. Greenspan. "The Fed's interest-rate-setting Federal Open Market Committee warned the economy was slowing so fast that there was a risk of a sharp downturn. The warning, interpreted as a signal that the central bank would slash interest rates in the future, was a disappointment to some investors who had bet that the U.S. central bank would take an even more aggressive stance. "I think the market had priced in some chance that they actually could cut rates today," said Scott Brown, chief economist at Raymond James And Associates. "But they sort of met the markets halfway today. A January 31 rate cut is almost a done deal," he said. It was my long stand that the reappointment of Allen Greenspan as head of the Federal reserve was a grave error. Today was the last straw of patience as once again hostility and aggression bias against the US economy was the norm. Today's action was not only infuriating and contemptible but downright despicable. Mr Greenspan should be named Mr Redspan or the Grince who stole the spirit and confidence of the American investor. I would urge that all of us write to our leaders and voice our strong disapproval of the Feds unrelenting hostility. If anyone wants to write and tell me how wonderful Mr. Greenspan has been over the past gazillion years spare me the bullshit and take it somewhere else. I think most of us had enough of this hostility and disappointment and are completely Fed up with the Fed. The news about Cisco is another casualty on the long string of disappointing news and the Fed has the nerve not to lower interest rates. They are the ones that caused the collapse of the economy and now want to ignore the ramifications Frank

To: Jorj X Mckie who wrote (44962)	12/19/2000 4:36:40 PM
From: Don Pueblo	Respond to of 77399

Could be worse. Could be raining. -Marty Feldman Young Frankenstein

To: Jorj X Mckie who wrote (44962)	12/19/2000 4:39:08 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 77399

Jori, was late with this as I see it is already at 40 5/8 but was going to tell you we should see a bounce at 40 5/8 but I suggest it is not a lt bottom. I fully believe we will see 37 1/2 now with a very good possibility of 34 3/8. There are a few stops inbetween of course but we will get there. Monty