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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: RetiredNow who wrote (67452)	3/31/2005 11:50:49 AM
From: John Koligman	Read Replies (1) of 77400

Goldman is out today with a note about an oil 'supercycle' and they think it could spike between $80 and $105 per barrel before price creates enough supply for prices to fall. The $105 number certainly caught my eye. Funny thing is, I distinctly remember analysts predicting $100 oil during the first big spike. Lots of talk about extracting oil from Colorado rock back then. Of course, oil eventually dropped to close to 10 bucks a barrel instead. If Goldman is correct, we are talking about 5 bucks a gallon for gas, GM might go bust because their sales model is based on truck/SUV sales no matter what Bob Lutz says, and the shorts will probably have a nice time in the market. Best regards, John

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