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To: DanZ who wrote (34349)11/6/2001 10:13:37 PM
From: hui zhou  Respond to of 53068
 
Actually, I think the consumer section is a better sure bid in rate cut than tech. Stock like CSCO, NT, LU, SUNW etc is overbought now and looking for pull back. But PG, G is steady going up and close to 52 week high. I think NASDAQ will gap down tomorrow after Qcom bad earning. Usually, it is easier to lose money than making money in timing of Fed rate cut. Whoever buying today may be hard to unload the share to take quick profit tomorrow.



To: DanZ who wrote (34349)11/6/2001 10:25:07 PM
From: Kelvin Taylor  Read Replies (1) | Respond to of 53068
 
Dan,
what is your opinion of CSCO after the earnings? Despite the fact the stock has gained ground the valuation is still very high. Seems that price has run ahead of the earnings growth. KT


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