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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

0.0%

Dec 24 12:59 PM EST

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To: Jacob Snyder who wrote (53933)	7/6/2001 11:00:33 PM
From: RetiredNow	Read Replies (1) of 77400

You hit the nail on the head. What's happening now is like like the bullwhip affect. That's why I've often said the Fed should just but out and let the economy chart its own course. This is too much power for one man. Anyway, I agree with you about timelines too. 6 months is the estimate most people bandy about due to the supposed increase in velocity due to productivity increases brought on by technology. However, 6 months is the earliest guess, with most likelihood being around 12 months and virtual certainty of an affect by 18 months. Thus my prediction that we'd be lucky to see Cisco at $25 by the end of this year and $30 around Oct-Nov of next year. This economy has a way to go yet to recover. It's going to basically be a day trader's dream for the next 6 months to a year.

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