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

To: Eric who wrote (47086)	1/18/2001 6:42:37 AM
From: Ibexx	Read Replies (1) \| Respond to of 77400

Thursday January 18, 6:32 am Eastern Time Cisco sees China sales reaching $1.0 bln BEIJING, Jan 18 (Reuters) - Top network equipment maker Cisco Systems Inc is aiming to attain an annual sales rate in China of $1.0 billion this year and make it the firm's number two market in three to five years, CEO John Chambers said on Thursday. ``We anticipate hitting a billion dollar run-rate by the end of our fiscal year,'' Chambers told reporters during a two-day stop in China. He also said the company was ``not immune'' to a slowdown in corporate spending in the United States, but said he expected U.S. spending to recover after two quarters if the government adopted favourable economic policies. Ibexx

To: Eric who wrote (47086)	1/18/2001 10:44:06 AM
From: The Phoenix	Read Replies (1) \| Respond to of 77400

Eric, Kinda going through a number of high tech charts today - including the NAZ. I can't help but notice that all are either very near or have broken through their 50 DMA. OTOH CSCO is still well off the 50 DMA... (which is up around 47-48). I can't help but wonder if that means that we have room or what... but I just found this data point interesting. What's your thinking? The P&F chart still looks very healthy although a pullback to 38 wouldn't be terrible. OG