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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.38

+0.9%

11:57 AM EST

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To: RetiredNow who wrote (56005)	10/18/2001 3:22:13 PM
From: larry	Read Replies (1) of 77400

Hi mindmeld, I agree with mostly everything you write. My wife and I are saving 50% of our net incomes now (excluding 401k) since we have been cutting down expenses in Broadway shows, concerts, operas, and traveling (in Europe) since WTC attack. We are still trying to spend by buying lots of stuff for personal hobbies, you know. However, we do find out the we keep putting more and more $$ into bond and money market, even if the interest rate gets lower and lower. My wife did a great job of forcing me to allocate 70% of our assets in trading account to CD in August 2000. We were lucky to avoid the perfect storm. Actually, she believed that the US market was a huge bubble waiting to burst at the beginning of 2000. If I had listened to her then and not be greedy, well. The only thing that I can't agree with you is that I believe that things can certainly get worse before they get better. I am certainly not among the few who are holding this kind of opinion right now. larry

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