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

To: Paul Reuben who wrote (46031)	1/4/2001 8:35:23 PM
From: Ed Forrest	Respond to of 77400

Yahoo Finance Thursday January 4 7:06 PM ET Tech Stocks Rise After Surprise Rate Cut By Haitham Haddadin NEW YORK (Reuters) - Technology stocks rose in Thursday's aftermarket, gaining back some ground lost in regular trade, after another surprise announcement from the Federal Reserve (news - web sites) that it cut the U.S. discount rate again. The tech-heavy Nasdaq index futures rose a little on the news, which came after the end of Thursday's regular session, and then inched down. A number of bellwether high-tech stocks rose in after-hours trade, including Web gear maker Cisco Systems (NasdaqNM:CSCO - news), the most actively traded on Nasdaq and in the aftermarket. ``This rate cut is more symbolic, but it also causes a great deal of a psychological benefit to the market,'' said Art Hogan, chief market analyst at Jefferies & Co. ``We see some firmness in the market tomorrow morning, especially with the Nasdaq trying to give back some its gains today.''