I love your optimism, Crystal. I wish I shared all of it.
I do think that as long as da baby boomers are pouring there 401k money into the market every other friday, that we can't see a bear market last too long. (as to steep, I'm not so sure)
And I still think that Cisco has to hold up under this market better than most. It certainly has so far.
On the very very big other hand, stocks that have ridden the wave up, have the farthest to fall, and nobody rode the wave better than our CSCO.
As for "MONEY IS NEVER DESTROYED", I just don't buy it. In the market, money is both created and destroyed. When Cisco went up 40000% in the 90's, a LOT of it was created. When MSFT stubbed there noses at the federal goverment, a LOT of it was destroyed (at least short term). When a company goes bankrupt, money is most certainly destroyed.
I whole-heartely agree with you that should tech every again come back into fashion, (or growth), (or quality), or (extremely big caps), then CSCO will be a winner. And that's why, sooner or later, it will be. :) |
