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To: Stocker who wrote (16305)	1/10/2001 3:25:57 PM
From: pat mudge	Read Replies (1) \| Respond to of 24042

no need to correct you but I don't think the market really cares about the differences between the co's at this point. Problems at CSCO equate to problems with the whole world in a lot of traders' minds. Somebody silent farts in an elevator, you presume everybody guilty even though there is only one culprit. The innocents can only hope they aren't fingered. This may be the case with JoeBlow on some trading desk in Backwater USA, but Wall Street brokers/traders are a whole lot smarter than you're giving them credit for. The writing's been on the wall for well over 6 to 9 months and those I talk to have been hoping Cisco wouldn't slide too far too fast simply because they feared how it would impact the entire sector. Pat

To: Stocker who wrote (16305)	1/10/2001 8:14:39 PM
From: Bill Holtzman	Respond to of 24042

Somebody silent farts in an elevator, you presume everybody guilty even though there is only one culprit. The innocents can only hope they aren't fingered. Great visual! (Nasal? - someone chime in, I know the right word is out there.) That's just got to make the "Cool Posts" list! David, are you listening?! I see your point but I believe the bear market is past that stage. In retrospect I believe the recent Greenspan rate cut will mark the end of the "irrational despondence" period and signal the beginning of a friendlier, sturdier, though less ebullient market. We all needed a little wake up call. (Hello, McFly! These stocks can't all be valued as though they were going to be the next Microsoft instantly and simultaneously.) I believe the "market wizards" (Jack D. Schwager's term) of today are combing through the wreckage as we speak and swinging some heavy lines at what they like. There are some priceless gems out there on sale. Hope I got one!