Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 79.27

-1.2%

Dec 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GVTucker who wrote (67377)	3/15/2005 4:37:57 PM
From: Amy J	Read Replies (1) of 77400

In early 2001, "we were confronted at that time with an almost universal expectation amongst the experts that we were dealing with a very large surplus for which there seemed to be no end," Greenspan said. story.news.yahoo.com The above statement really makes me lack confidence in the govt, because by early 2001 every businessperson was fully aware of the economic situation, cutting budgets, in fact, we were wondering why the govt (esp CA) was so late to cut expenses compared to businesses around that time and I think someone may have stated as such on the Intel thread. How can Greenspan be so far behind the thinking of business leaders? Here's the concern: while one can understand why the govt is slow to take action, it doesn't explain why the govt's thinking would be so far behind the thinking of businesspersons. Maybe some of the large caps were positive and possibly Greenspan only gets input from them, but the small caps were cutting expenses at that time and many of the large caps too. Regards, Amy J

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next