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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.26+1.2%Jan 15 3:59 PM EST
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To: Lizzie Tudor who wrote (65692)7/2/2004 11:55:10 AM
From: RetiredNow  Read Replies (1) of 77400
 
Hmmm. Fidelity Select Technology fund was up 59% last year and is flat this year. So although this year's flat, I'd say that's because we are in some really uncertain times due to the upcoming election. Anyone remember the stock market movement in the runup to the last Presidential election? I do. Not much happened. So don't expect much but sideways movement until Bush is re-elected. Then expect a very nice 2005 surge akin to what we got in 2003.

Caveat: Any terrorist attacks make the future much more murky and would invalidate any forecast made above.
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