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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 (54983)	9/6/2001 11:11:17 AM
From: bambs	Read Replies (2) of 77399

laugh now...cry later the situation in the US now compared to Japan in 1990 is worse on many fronts. we have no savings, the japanese were and are huge savers (they account for 40% of the worlds savings) The average american is 8k in debt to credit cards. We have huge mortgages on over valued homes...just like japan did. % of equity in homes has gone nothing but down over the last 20 years while prices have gone sky high. when the real estate bubble breaks the equity people think they have in there homes will be gone. Japan had a huge trade surplus, we have a huge insane trade deficit. laugh now, cry later

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