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


To: RetiredNow who wrote (53050)5/16/2001 3:02:58 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77400
 
Wednesday May 16 11:11 AM ET
Janus Slashed Tech, Cisco Holdings

dailynews.yahoo.com



To: RetiredNow who wrote (53050)5/16/2001 3:13:28 PM
From: Eric  Read Replies (2) | Respond to of 77400
 
Hi mindmeld,

Well it's nice to see the Fed take rates down. It's about time, the real cost of money has been too high relative to other currencies for quite awhile now. With the statements they released yesterday pretty much confirmed to me that we are going down to at least 3.5% by the end of summer for Fed funds

Boy the shorts are getting squeezed pretty hard today. I'm surprised at the magnitude of the move up here the last few weeks without a significant correction.

We may not get it for awhile!

Eric