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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.47

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10:18 AM EST

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To: bambs who wrote (34391)	4/26/2000 9:52:00 AM
From: Ken D	Read Replies (2) of 77400

But things are different today. They really are. Those technologies that you mentioned took decades to become pervasive. Today's technology disperses into society at a much higher rate. Surely you've seen those charts that show that it took 40 years for 60% of Americans to have cable, XX years to have color TV, so many for PCs, etc. Each wave comes faster and faster. In fact they weren't wrong about the impact of technology in 1929, they just didn't realize how long it would take.

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