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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.07-0.1%Nov 6 3:59 PM EST

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To: Stock Farmer who wrote (61228)9/8/2002 6:11:59 PM
From: chaz  Read Replies (1) of 77397
 
John...

If forced to bet for gains, then I'd be placing my money in the primary market rather than the secondary market (e.g. put my money in real enterprise). And indeed that's where my time and energy is now focused.

Would you be willing to expand your thoughts on this. I am not sure what you mean by "real enterprise", "primary market", "secondary market".

I do understand the general theme...stocks overpriced, and I agree. I also agree averaging down is a fool's errand. That we have an 8,000 Dow doesn't mean we cannot also have 7,000 or 6,000 or 5,000.

Naz at 1,200 looks like a bargain only when you compare it to 5,000. Stick in a few current numbers, esp. those relating to real profits, and I can't find one tech that looks good to me.

Chaz
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