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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: Victor Lazlo who wrote (50720)3/30/2001 1:21:46 PM
From: zyx1996  Read Replies (4) of 77399
 
Victor,
So what economic downturn will last into 2002. market always goes 6 month ahead of that. Nasdaq topped out on March, 2000, while earning warning is not coming until last October.
And I never said in my post it will be a V shape recover. Only thing I said it will not get much worse.
And my prediction is Nasdaq will not see new high within 5 years. And so what! If it makes a new high at 10th year, that will be about 300% return in 10 years. No one can argue that is a fabulous investment.
GET REAL!!!!!!!!!!!!!!!!!!!!!!
If you put your money where your mouth(or writing for the matter) is, I think you are a lousy investor. even though you may be a fine speculator, who will eventually lose his shirt long term.
Zeren
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