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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.16+0.2%Dec 26 9:30 AM EST

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To: Lizzie Tudor who wrote (67448)3/25/2005 10:47:15 PM
From: RetiredNow  Read Replies (2) of 77400
 
Well, I used to think oil was going to keep rising, but after reading what jim p had to say, I'm not so sure anymore. He seems to have a quite a bit of industry experience and he thinks oil is at bubble ranges now and will pop in second half of this year.

As far as Greenspan, that is an easier call. I think he'll continue to increase rates by .25% until rates reach 3.5-4%. Then he'll stop, look, and listen for half a year to see how things have gone.

If jim p is right about oil coming down in the second half of this year, then we are looking at another 10%+ return on the market this yea, just like last year. Plus, it's time for large caps to perform. So those are likely to be the leaders this year...and that includes Cisco.
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