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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-1.3%Jan 2 9:30 AM EST

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To: Victor Lazlo who wrote (59660)6/5/2002 11:29:50 AM
From: RetiredNow   of 77400
 
Hmm. Not sure that is accurate. I think most intelligent folks haven't given up on stocks altogether, rather they have reassessed how to invest in stocks. Namely, I am noticing a good many of my friends and acquaintances getting serious about asset allocation and dollar cost averaging, and moving away from daytrading towards long term investing. Another huge trend I see is people moving most of their money to financial planners. No planner that I know of would advise against stocks for long term investing. So everyone was shaken, but they are getting smarter about how they invest, rather than forsaking stocks altogether. Those that do avoid stocks are in for a rough surprise when their retirement sux.
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