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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.46

-3.7%

Nov 20 3:59 PM EST

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To: RetiredNow who wrote (67664)	4/14/2005 10:16:05 PM
From: Lazarus_Long	Read Replies (1) of 77400

Still simplistic I think. Message 21229088 I suspect he's right: as the oil/gasoline industry sees demand for its product falling, it may (a) increase prices to try to keep profits up, or (b) immediately decrease prices in the hopes of cutting off sales of hybrids because they won't the economic sense you outline. I expect even if they try (a) first, they will soon be forced back to (b) to stay in business at all. That means part of the savings you are counting on won't be there because gasoline prices will have decreased and a conventional gasoline engine is more competitive that you predict against a hybrid. Ah. I think you see the same thing. Message 21230153 Yes, remember in 1998, 1999 the predictions of Dow 30,000 or Dow 100,000? The sales side of the industry generally can see nothing but ahead. And, as commented, they miss the inflection points.

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