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

To: dennis michael patterson who wrote (7875)	5/23/2001 10:05:05 AM
From: 10K a day	Respond to of 52237

assume the buying position..

To: dennis michael patterson who wrote (7875)	5/23/2001 10:10:36 AM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

Cisco went up yesterday because a couple of analysts (SSB and CSFB, I think) said they saw acceleration in their optical business and some big orders ready to ship. FWIW, interest rates are allegedly the main drivers of bull markets, and I believe this is the biggest drop in short-term rates, on a percentage basis, in the history of the Fed (from 6% to 3.5% in 4 1/2 months, a 41.6% drop). So in that respect, the fundamentals are bullish. Corporate earnings are another matter, but they are a lagging indicator, I believe.