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To: Poet who wrote (9653)2/18/2001 9:51:11 AM
From: Atin  Read Replies (1) | Respond to of 10876
 
The guy just wants the pre-IPO networking companies to stay cheap so he can buy them instead of them coming out and kicking his company's butt! (Yup, I'm at one of those pre-IPO networking companies that is kicking his company's butt!). CSCO has lost its shine. <g>

-A



To: Poet who wrote (9653)2/18/2001 11:40:13 AM
From: hobo  Read Replies (2) | Respond to of 10876
 
Thanks for sharing the article with the thread Poet,

I read this post, which I found interesting...

Message 15370424

Bottom line for me, this market has become completely unpredictable and treacherous. Unless some sort of reaction to the upside takes place soon, we may be headed substantially lower. Personally, I can not see any reason to be bullish. The latest economic data (a higher than expected PPI), has taken a little bit off the power to the Fed for keep on lowering interest rates.... unless it would be done to .... "regain consumer confidence" which would tell me that AG is targeting the NASDAQ.

How will the markets react to that ? I really do not know.

I guess I will just "keep a close eye" and take profits quickly (assuming I am capable).



To: Poet who wrote (9653)2/18/2001 11:53:54 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 10876
 
Chambers is really playing politician lately....I think that he is willing to sacrifice the short term stock price for competitive reasons. As Atin noted, further weakness in the economy will hurt the companies that are not as well established, while CSCO has a healthy bank account. I see this jawboning by chambers as a way to influence the Fed's decisions to decrease rates.