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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (49062)	7/11/2001 10:01:25 AM
From: Jerome	Read Replies (1) \| Respond to of 70976

PS Does anyone view Cisco's purchase of an FO co. as bullish. I do.......but it would not do the thread any good for us to agree on something.. Just an opinion....Jerome

To: michael97123 who wrote (49062)	7/11/2001 10:05:18 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

Re:Does anyone view Cisco's purchase of an FO co. as bullish When companies start doing deals for cash, that is a VERY Bullish sign. Todays CSCO deal is an all stock deal to gain a stronger position in one of their markets, a necessary move for CSCO so they can hedge their bets going forward. Neither Bullish nor Bearish for the market in general. But look for cash deals; this means that XYZ company is willing to give up precious cash and the obvious inference that can be made from this is that XYZ Co. feels better about the business environment and visibility in general. BK