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

To: RetiredNow who wrote (46456)	1/9/2001 1:38:54 PM
From: michael97123	Respond to of 77400

My oldbroker friend told me yesterday when nas was down 100 that the market was quite orderly and seemed to be turning. I laughed. We picked up 90 points from there. Today, i like what i see. Stock pickers market. Called oldbroker and he told me this is what he meant--narrower ranges, many crosscurrents but the end of 1929 talk a la chic. What is at issue here is the duration of the economic slump, who suffers most during the slump if (a)longer duration or (b) shorter duration and the rapidity of an interest rate solution to the problem. I think the market is beginning to tell us that we have had an inventory correction and that before it becomes much else, psychological effect of lower rates plus actual lower rates mitigates against tech slump becoming too deep. Oh yes pc's and cells were hurt during the christmas season, primarily because expectations were too high but that doesnt necessarily travel the entire food with the same intensity. As you MM my oldbroker friend always sleeps well and is expecting tech to outperform the old eco this year with moderate gains.

To: RetiredNow who wrote (46456)	1/9/2001 1:42:32 PM
From: Eric	Respond to of 77400

I've been fortunate to have a number of "ten baggers" in the past and thought I would post this for some to look at. Commentary on a great book. FOOL ON THE HILL Comparing Misses with Peter Lynch One of the major themes running through Peter Lynch's investing classic One Up on Wall Street is that you don't need to discover and buy every big stock market winner to invest well. Like other investors, Lynch has missed many great stocks, as he constantly reminds us throughout his book. The key is to recognize your past mistakes, learn from them, and keep looking for those elusive ten-baggers. By Brian Graney (TMF Panic) January 8, 2001 fool.com