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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: maverick61 who wrote (47157)	2/9/2001 4:07:25 PM
From: Sye Walsh	Respond to of 57584

The tech-stacked Nasdaq Composite Index (.IXIC) plunged 92.37 points, or 3.61 percent, to 2,469.69. Cisco Systems Inc. (NasdaqNM:CSCO - news), the world's No. 1 computer networking company, continued to bleed after missing estimates for the first time in more than six years and warning of slow growth. The stock fell $1-1/2 to $28-1/2, after hitting an 18-month low of $28-3/8. The blue-chip Dow Jones industrial average (.DJI) dropped 95.18 points, or 0.87 percent, to 10,785.37, weighed down by marquee high-tech names. The broader Standard & Poor's 500 Index (.SPX) slipped 17.27 points, or 1.3 percent, to 1,315.26. Both the Nasdaq and Dow were down for the year. The Nasdaq had raked in a gain of nearly 16 percent at its peak in late January, while the Dow was up 1.8 percent at its peak the beginning of February. Time for some breathing out, next week should be better Have a good weekend all. Sye