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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Bo Le who wrote (18118)	1/9/2002 9:11:01 AM
From: Kelvin Taylor	Respond to of 19633

NEW YORK (Reuters) - Stocks are seen opening higher on Wednesday, led by technology shares, with Wall Street betting much of the corporate bad news has been digested as the earnings calendar turns from warnings to actual reports. Tech bellwether Cisco Systems Inc. (Nasdaq:CSCO - news) helped boost optimism after saying it expects to expand market share and make several small acquisitions. ``We're through the pre-announcement phase here and it wasn't so bad,'' said Keith Gertsen, head of Nasdaq trading for Deutsche Banc Alex. Brown. ``The market has shaken off a lot of issues.'' Cisco edged up to $21.35 on the Instinet electronic order system after having closed at $20.95 Tuesday. Cisco said late on Tuesday the prospects for growth in the economy and industry are still unclear but at the same time, it said it still expects to expand its market share and make several small acquisitions to fill in gaps in its product portfolio