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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.42+1.9%Dec 19 9:30 AM EST

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To: RetiredNow who wrote (59989)6/26/2002 7:14:34 PM
From: Eric  Read Replies (2) of 77400
 
MM

Well we have been correcting in sectors by rotation and association.

I do agree with your points and some people have had deep pockets and have stayed in but those on margin are getting killed here. Some of these folks have been in since the early 90's but the smart ones have gotten out long ago.

The telcom sector will take 4 to 6 years to get through this mess and it looks like that process will speed up in the next few months.

It's gonna be a wild ride here in techland. The traders will love it. I'm getting my old trading hat out!

Long term very bullish on tech. (notice I said long term....)
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