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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (2503)	3/10/2001 12:57:49 PM
From: Lee Lichterman III	Respond to of 52237

COT out and the commercials have again increased their S&P shorts to another record of 112k contracts and the small specs are continuing to increase their record long position to 92k contracts. ================================================== Cisco to Cut Jobs, Sees Deeper Slowdown Mar 9 4:22pm ET By Eric Lai and Duncan Martell SAN FRANCISCO (Reuters) - Cisco Systems Inc. , the leading maker of networking equipment for the Internet, said on Friday it would cut its full-time workforce by as much as 11 percent over the rest of the fiscal year because of signs the economic slowdown is spreading and could run longer than anticipated. In a statement, Cisco said it would cut between 3,000 to 5,000 regular jobs, a number equivalent to between 7-11 percent of its global employee base of 44,000. The disclosure by Cisco follows a Reuters report late Thursday night that the San Jose, Calif.-based company would be making cuts.