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Technology Stocks : Cisco
CSCO 71.75-0.5%Nov 11 3:59 PM EST
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To: Zoltan! who wrote (6)5/10/2000 12:05:00 PM
From: The Phoenix   of 405
 
If that's the case the Greenspan is far less precient then I orginally gave him credit for. By cutting the legs out from underneath the techs he will stifle consolidation and investment and risk slowing the cost improvements and advances generated by tech. Furthermore the tech area is an area that the US has a significant edge over importer... if we give foreign companies an opportunity they will catch up and we'll end up increasing the importation of technology and putting the country into a larger debtor position.

Is Greenspan that stupid??

OG
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