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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 82.44+2.2%1:38 PM EST

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To: Eric who wrote (55429)9/19/2001 12:19:38 PM
From: RetiredNow  Read Replies (1) of 77400
 
OK. In the interest of a potential new and worthy topic, let's discuss how we think this has affected the recovery. I am thinking that this tragedy has added 6 months to any recovery. We have airlines laying more people off to the tune of more than 100K people more as a result of this event. Then all the insurance fallout and the ripple effect on the consumers spending patterns and the economy as a whole. So my personal projected timeline was for the market to start noticeably recovering by next July. Now I'm thinking that we won't see a noticeable recovery until Jan 2003, at the earliest. Any other thoughts?
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