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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 86.28-0.5%Feb 10 3:59 PM EST

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To: VinWood who wrote (56574)1/4/2002 2:01:49 PM
From: RetiredNow  Read Replies (1) of 77400
 
Well, I wouldn't be so pessimistic. Things are always worst before it's over. That's what's happening now. There are already signs that things are turning around. It's starting in the manufacturing sector and will spread, barring any world-shattering events. But this up cycle, I think will be shorter (maybe enough to get Bush elected again) and then the ensuing downcycle could be longer and worse than this one. We still have a hangover that we need to go through, that was averted only because of massive gov't intervention. So I'd say we'll get that hangover at the start of Bush's next term in office.
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