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

To: Eric who wrote (45951)	1/3/2001 10:26:50 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 77400

The consequences of a new low on the Naz will be catastrophic. The magic bullet has been spent. Keep in mind.

To: Eric who wrote (45951)	1/4/2001 10:16:22 AM
From: The Phoenix	Respond to of 77400

Eric, Man, CSCO sliced through minor resistance at $43/$44. I find this all a bit humorous. First I found it incredulous that CSCO lost $150B in cap while they were in the process of beating the street ... people sold off $35B in one day because of fear of an increase in loss reserves of $300M. That was insane. Now here were are with an increase of $80B in cap on a 50basis point decline in the fed funds rate - a variable that will likely have little effect on the market and on CSCO anytime soon. The message - stock valuation isn't driven on reality... it's driven on investor sentiment as a result of varibles in the environment. Fundamentals will only serve to provide us with guidance over the long term - more of a trajectory than anything else. HOwever, short term equity prices/fluctuations have little to with fundamentals - prices are driven by .... well..... fear and greed. OG