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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: RetiredNow who wrote (54902)9/4/2001 7:20:45 PM
From: Eric  Read Replies (1) of 77400
 
MM

I think the markets are very, very close to a turning point.

The economy is basically at 0% GDP growth and the tech wreck is pretty much behind us. The weak have been dropping like flies so I really like some of the tech stocks here for the long haul. Short term they look fantastic because of the volatility. My big question is how the rest of the world gets through this slowdown.

As you know Sept is usually much worse for downturns than Oct. October usually gets undeserved attention because of a "few meltdowns" that have happened in that month!

We are going lower and might have a big one day sell-off but that will just confirm in my mind the April low.

Time will tell... Long term and short term look great to me. BWDIK

Eric
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