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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.16+0.2%Dec 26 9:30 AM EST

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To: Kenneth E. Phillipps who wrote (58854)4/8/2002 3:46:18 PM
From: RetiredNow  Read Replies (3) of 77400
 
Hi all, more on the external shock theory...I believe we'll be in a war with Iraq before the summer is over. I also believe that OPEC may use the oil weapon if we do attack Iraq. Iraq's empty gesture of boycotting oil sales to us may only drive up the price of oil in the short term, but a concerted effort by OPEC will be tough to stomach. Our economy will dip into recession again, before it ever had a chance to recover completely. So again, I think we'll see below $15 on Cisco soon and I think Bambs' gold prediction is not a bad one.
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