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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: Wyätt Gwyön who wrote (61465)	9/30/2002 10:04:43 PM
From: Paul V.	Read Replies (2) of 77399

Mucho, have you read Harry Dents, 'Roaring 2000. If what he says is correct then your assumption of the market not recovering for ten years must be projected out to 20 years since the baby boomers will be reitring and drawing cash out of the market. Additionally, we will have to assume that the consumer (individual and organizations) will continue not buying the advancements in technology, biogenetics, fues cell cars, HDTV liquid plasma screen TV's and other items which have not even been developed at this time. One disturbing news to me today was the cutting back of R % D by CSCO and others. But, CSCO has the cash to buy other small cap companies who are doing the research in buy outs. Just my opinion. Paul

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