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

To: RetiredNow who wrote (56820)	1/20/2002 8:00:22 PM
From: Eric	Read Replies (1) \| Respond to of 77400

Cover Story in Monday's Barrons... JANUARY 21, 2002 Wave Theory Will the ripple in technology spending turn into a swell? By Eric J. Savitz Audiences crowding into the multiplex cinemas of Mountain View and Santa Clara, California, are witnessing the return of a Silicon Valley phenomenon that had faded away. Along with the previews, they're once again being treated to big-screen help-wanted ads for engineers. It's one more hint that the two-year tech swoon has bottomed. Investors have been anticipating this for months, last week's skittishness notwithstanding. Since hitting a three-year low on September 21, the tech-dominated Nasdaq 100 has gained 41%, and the closely watched Philadelphia Semiconductor Index has surged 49%. The indexes have been propelled by modest but tantalizing evidence that the worst is behind us. Memory-chip prices have been increasing. Fourth-quarter personal computer sales were better than anticipated. DVD players, digital cameras and game consoles from Microsoft, Nintendo and Sony enjoyed robust sales. And there's growing buzz about wireless computer networking, next-generation cell phones and digital media, such as music, video and photography. The next wave of technology spending lies ahead interactive.wsj.com