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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.95

-0.1%

10:19 AM EST

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To: Lizzie Tudor who wrote (66126)	9/3/2004 8:00:57 AM
From: RetiredNow	Read Replies (1) of 77400

Well, the only other time this century that we've had a stock market bubble like the 90's was in the late 20's. So I wouldn't say it's unprecedented. It's just that bubbles tend to have serious long term consequences as they deflate. Having said that, I don't think things are all that bad. I think 2003 was a great year and this one is flat due to threats of terrorism prior to the election. My portfolio is actually up 1%. LOL. Anyway, by the end of the year, I fully expect my portfolio to be up 5-8%. Not great but not bad. Then next year, I expect a repeat of 2003. That would be great. So I'll just let all the pessimists say things are bad and I'll continue earning my decent wage and watching my portfolio grow. I suspect mostly people think the economy is bad right now because of all the Democratic election hype.

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