The New Economy and its Winners Message Board

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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (12126)	6/20/2002 8:25:07 PM
From: Lizzie Tudor	Read Replies (2) of 57684

things are deceptive though. I wish I had some bear mkt experience to judge individual issues. For example my broker took a position in cisco earlier this year on the premise that cisco is gaining share etc. that was at 14 and the naz was... maybe 1700s? Certainly much higher than it is now. Cisco closed at 14 today I see, its gone nowhere in this decline. Same with msft, amat a few others. Software has been pummelled even the strong issues this year, nothing left in software and so much consolidation that even a hint of recovery and everybody left is going to pushing out business to deal with growth. L

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