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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.07-1.4%Nov 6 3:59 PM EST

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To: RetiredNow who wrote (55055)9/7/2001 12:54:47 PM
From: Kenneth E. Phillipps  Read Replies (3) of 77397
 
mindmeld, lowering interest rates will not help unless the money is invested rather than saved. What I am seeing right now is the money derived from tax cuts and lower interest rates is being saved rather than invested. Look at the interest in fixed income securities. The fear caused by the decline in the economy and stock prices may persist and prolong the problem.
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