Word: cisco
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...Gore's got a chance, all right - with anybody who's achieved some financial status in this status quo. And that's a lot of people. Except that I'd swear on my mother's Cisco shares that Raymod Mora wasn't headed to the polls at all in November...
...Gore's got a chance, all right - with anybody who's achieved some financial status in this status quo. And that's a lot of people. Except that I'd swear on my mother's Cisco shares that Raymod Mora wasn't headed to the polls at all in November...
Afraid of missing out on a big run-up in technology? You can still take a defensive posture by staying with market-share leaders--Intel, Oracle, Cisco--rather than the more volatile small- and mid-cap techs...
...negative psychology--the fear--is further evidenced by how investors react to news. Before the spring sell-off, even bad news was a reason to buy because such an announcement cleared away any reason to sell. Now stocks like Cisco and Hewlett-Packard are falling even on exceptional earnings reports. With the good news out, the new logic goes, there's nothing left to keep the stock up. Better sell. The scary thing is that there is no way to tell how long this irrational gloominess will rule. Investors should come to grips with the possibility that we have entered...
...ratios look even worse." In any case, whenever a Fed chairman can't stop the economy, trouble is definitely in the wind. And now that investors have glimpsed the tech sector's mortality, and read the news articles about venture capitalists turning off the money - and seen venerable Cisco Systems mired in the low 50s - trouble from the Fed is likely to hit the NASDAQ first and hardest for a while. Those techies had better pray that the next batch of economic numbers are tepid enough to get Greenspan's foot off the brake...