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

To: sepku who wrote (9842)	10/28/1997 12:30:00 AM
From: Zoltan!	Read Replies (1) \| Respond to of 77400

You are wrong on just about everything. The usual. But especially: Strrrrriiiiiiike three!! Economic policy does not reflect in corporate earnings and therefore the stock market overnight following a changing of power from one party to another. Republican control of Congress in late 1994 with a Dem. Admin. assured partisan gridlock even to this day...you can thank Clinton via email for his economic policies being put in place between '92 and '94 for the last 3 years of fantastic market gains. The stock market did take off only after the Dems were defeated in a historic election, ending over 40 years of entrenched control. Markets do respond to such major psychological events. (Remember clinton was opposed to balancing the budget before that tide). Actually clinton's few feeble policy changes in the first two years only slowed the economy a bit, reducing earnings for corporations from what they might have been. Regards from your better