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 78.34

-0.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (70946)	8/27/2006 4:46:09 PM
From: Elroy	Read Replies (2) of 77400

I think a recession is defined as two quarters in a row of negative GDP growth. We're nowhere near that as far as I can tell. I look mainly at tech companies, and HPQ, IBM, CSCO, and MOT are doing great, DELL is slowing down, and even SUNW is improving. That's ~65% of S&P 500 end market tech hardware. Add it up and it looks good despite the crash in May/June. I think we'll get back to even on S&P tech for the year, and may even get a big rise if the inflation news is benign and investors think the rate tightening cycle is over. And I think that view is becoming closer to consensus each day that Q4 approaches, so its a bad time to be uninvested.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next