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

To: Monty Lenard who wrote (47352)	1/27/2001 9:49:13 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 77400

Short term I'm flat right now, but I think buying dips favor shorting rallies..but that is short term. Longer term we are not out of the woods when it comes to tech. siliconinvestor.com ----------------------- CSCO is due foe a bounce but I think a lot of other people didn't like the softbank news..and longer term CSCO may have more to give back. siliconinvestor.com ------------------------ Lower interest rates always help the stock markets; but not the economy as soon as people think, so there can be a let down. Rates went down and down and down in 90 and 91 but it took time for things to get better. Japan has had dam near zero rates and look at them. Another thing about these tip toe rate cuts that CreemSpam seems stuck on is as interest rates are falling, anyone; or any corporation that is about to or thinking of making financed purchases will put them off. Delaying a financed purchase means paying lower finance costs later on. The only answer to this is that the Fed needs to decide sooner rather than later what their target lower-interest rate is and then go there ASAP. Step-by-step rate cuts slow down the recovery, thats just what happened in 1991-1992. Would you Finance a New Business NOW knowing that 6 months from now you could save years and years on interest payments if you just waited. The quick reaction is to the upside as it makes the old bonds & ( junk bonds ) at higher rates look better..and of course stocks gain a little value when you get less gain buying a bond. But it don't fix things as if it did the cuts in 98 would not have set us up for this fall. ------------------------ I'm down to two stocks now..and all I'm going to do with this market is short term. If anything happens & the NDX fails to hold her low on the 8th then it's over for this shit. siliconinvestor.com Till then I'll be a tad bullish.<G> Jim